Rite Aid 2011 Annual Report Download - page 73

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RITE AID CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
For the Years Ended February 26, 2011, February 27, 2010 and February 28, 2009
(In thousands, except per share amounts)
2. Loss Per Share (Continued)
were exercised or converted into common stock or resulted in the issuance of common stock that then
shared in the income of the Company subject to anti-dilution limitations.
Year Ended
February 26, February 27, February 28,
2011 2010 2009
(52 Weeks) (52 Weeks) (52 Weeks)
Numerator for loss per share:
Net loss ....................................... $(555,424) $(506,676) $(2,915,420)
Accretion of redeemable preferred stock ................ (102) (102) (102)
Cumulative preferred stock dividends .................. (9,346) (8,807) (21,768)
Loss applicable to common stockholders—basic and diluted . . . $(564,872) $(515,585) $(2,937,290)
Denominator:
Basic and diluted weighted average shares ............... 882,947 880,843 840,812
Basic and diluted loss per share:
Basic and diluted loss per share ...................... $ (0.64) $ (0.59) $ (3.49)
Due to their antidilutive effect, the following potential common shares have been excluded from
the computation of diluted loss per share as of February 26, 2011, February 27, 2010 and February 28,
2009:
Year Ended
February 26, February 27, February 28,
2011 2010 2009
(52 Weeks) (52 Weeks) (52 Weeks)
Stock options ......................... 74,298 76,114 70,162
Restricted stock units ................... 669 — —
Convertible preferred stock .............. 29,391 27,692 26,091
Convertible debt ...................... 24,800 61,045 61,045
129,158 164,851 157,298
Also excluded from the computation of diluted loss per share as of February 26, 2011,
February 27, 2010 and February 28, 2009 are restricted shares of 7,078, 5,944, and 6,515 which are
included in shares outstanding.
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