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Common Stock and Per Share Information
12 Months Ended
May 28, 2016
Earnings Per Share [Abstract]  
Common Stock and Earnings Per Share
Common Stock and Per Share Information
The following table reconciles the numerators and denominators used in the calculations of basic and diluted EPS for each of the last three fiscal years:
(In millions, except shares)
2016
 
2015
 
2014
Numerator:
 
 
 
 
 
Numerator for both basic and diluted EPS, net earnings (loss)
$
136.7

 
$
97.5

 
$
(22.1
)
 
 
 
 
 
 
Denominator:
 
 
 
 
 
Denominator for basic EPS, weighted-average common shares outstanding
59,844,540

 
59,475,297

 
58,955,487

Potentially dilutive shares resulting from stock plans
684,729

 
649,069

 

Denominator for diluted EPS
60,529,269

 
60,124,366

 
58,955,487



Equity awards of 528,676 shares, 715,685 shares and 2,779,782 shares of common stock were excluded from the denominator for the computation of diluted earnings per share for the fiscal years ended May 28, 2016, May 30, 2015, and May 31, 2014, respectively, because they were anti-dilutive. The company has certain share-based payment awards that meet the definition of participating securities. The company has evaluated the impact of all participating securities under the two-class method, noting there was no impact on EPS.

Common Stock
The company has a share repurchase plan authorized by the Board of Directors on September 28, 2007, which provided share repurchase authorization of $300.0 million with no specified expiration date. During fiscal year 2016, 2015, and 2014, shares repurchased and retired totaled 482,040, 121,488 and 408,391 shares respectively.