±«ÓãÖ±²¥

Annual report pursuant to Section 13 and 15(d)

EARNINGS (LOSS) PER SHARE

v3.24.1.1.u2
EARNINGS (LOSS) PER SHARE
 12 Months Ended
Mar. 30, 2024
Earnings Per Share [Abstract] Ìý
EARNINGS (LOSS) PER SHARE EARNINGS (LOSS) PER SHARE
Ìý
Year Ended March
(In thousands, except per share amounts) 2024 2023 2022
Earnings (loss) per share — basic:
Income (loss) from continuing operations $ (968,882) $ 118,584Ìý $ 1,216,269Ìý
Weighted average common shares outstanding 388,360Ìý 387,763Ìý 390,291Ìý
Earnings (loss) per share from continuing operations $ (2.49) $ 0.31Ìý $ 3.12Ìý
Earnings (loss) per share — diluted:
Income (loss) from continuing operations $ (968,882) $ 118,584Ìý $ 1,216,269Ìý
Weighted average common shares outstanding 388,360Ìý 387,763Ìý 390,291Ìý
Incremental shares from stock options and other dilutive securities —Ìý 607Ìý 2,120Ìý
Adjusted weighted average common shares outstanding 388,360Ìý 388,370Ìý 392,411Ìý
Earnings (loss) per share from continuing operations $ (2.49) $ 0.31Ìý $ 3.10Ìý
In the year ended March 2024, the dilutive impacts of all outstanding stock options and other dilutive securities were excluded from dilutive shares as a result of the Company's net loss for the period and, as such, their inclusion would have been anti-dilutive. As a result, a total of 19.0 million potentially dilutive shares related to stock options and other dilutive securities were excluded from the diluted loss per share calculation for the year ended March 2024.
Outstanding stock options and other dilutive securities of approximately 9.7 million and 3.3 million shares were excluded
from the calculations of diluted earnings per share for the years ended March 2023 and 2022, respectively, because the effect of their inclusion would have been anti-dilutive to those years. In addition, 0.6 million and 0.5 million shares of performance-based RSUs were excluded from the calculations of diluted earnings per share for the years ended March 2023 and 2022, respectively, because these units were not considered to be contingent outstanding shares in those years.