Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE

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EARNINGS PER SHARE
 3 Months Ended
Jun. 27, 2020
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
  Three Months Ended June
(In thousands, except per share amounts) 2020 2019
Earnings (loss) per share – basic:
Income (loss) from continuing operations
 $ (277,742)   $ 65,273   
Weighted average common shares outstanding
 388,695    396,727   
Earnings (loss) per share from continuing operations
 $ (0.71)   $ 0.16   
Earnings (loss) per share – diluted:
Income (loss) from continuing operations
 $ (277,742)   $ 65,273   
Weighted average common shares outstanding
 388,695    396,727   
Incremental shares from stock options and other dilutive securities
 2,096    5,187   
Adjusted weighted average common shares outstanding
 390,791    401,914   
Earnings (loss) per share from continuing operations
 $ (0.71)   $ 0.16   

Outstanding options to purchase approximately 5.4 million and 1.5 million shares were excluded from the calculations of diluted earnings per share for the three-month periods ended June 2020 and June 2019, respectively, because the effect of their inclusion would have been anti-dilutive.

In addition, 0.4 million and 0.8 million shares of performance-based RSUs were excluded from the calculations of diluted earnings per share for the three-month periods ended June 2020 and June 2019, respectively, because these units were not considered to be contingent outstanding shares in those periods.