±«ÓãÖ±²¥

Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE

v3.22.2.2
EARNINGS PER SHARE
 6 Months Ended
Oct. 01, 2022
Earnings Per Share [Abstract] Ìý
EARNINGS PER SHARE EARNINGS PER SHARE
Ìý Three Months Ended September Six Months Ended September
(In thousands, except per share amounts) 2022 2021 2022 2021
Earnings (loss) per share – basic:
Income (loss) from continuing operations
 $ (118,432) $ 464,053Ìý $ (174,392) $ 618,025Ìý
Weighted average common shares outstanding
 387,688Ìý 391,779Ìý 387,625Ìý 391,565Ìý
Earnings (loss) per share from continuing operations
 $ (0.31) $ 1.18Ìý $ (0.45) $ 1.58Ìý
Earnings (loss) per share – diluted:
Income (loss) from continuing operations
 $ (118,432) $ 464,053Ìý $ (174,392) $ 618,025Ìý
Weighted average common shares outstanding
 387,688Ìý 391,779Ìý 387,625Ìý 391,565Ìý
Incremental shares from stock options and other dilutive securities
 —Ìý 2,238Ìý —Ìý 2,507Ìý
Adjusted weighted average common shares outstanding
 387,688Ìý 394,017Ìý 387,625Ìý 394,072Ìý
Earnings (loss) per share from continuing operations
 $ (0.31) $ 1.18Ìý $ (0.45) $ 1.57Ìý
In both the three and six-month periods ended September 2022, the dilutive impact of outstanding options and other securities were excluded from dilutive shares as a result of the Company's net loss for the periods and, as such, their inclusion would have been anti-dilutive. Outstanding options to purchase approximately 2.8 million shares were excluded from the calculations of diluted earnings per share for both the three and
six-month periods ended September 2021, because the effect of their inclusion would have been anti-dilutive.
In addition, 0.6 million shares of performance-based RSUs were excluded from the calculations of diluted earnings per share for both the three and six-month periods ended September 2021, because these units were not considered to be contingent outstanding shares in those periods.