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Note 13 - Earnings Per Share
 6 Months Ended
May 26, 2012
Earnings Per Share [Text Block]
13. Earnings Per Share

The following reconciles basic and diluted earnings per share: 

   
Net Income
   
Weighted Average Shares
   
Net Income Per Share
 
For the quarter ended May 26, 2012:
                 
                   
Basic earnings per share
  $ 8,042       11,117,399     $ 0.72  
Add effect of dilutive securities:
                       
    Options and restricted shares
    -       102,765       (0.01 )
Diluted earnings per share
  $ 8,042       11,220,164     $ 0.71  
                         
For the quarter ended May 28, 2011:
                       
                         
Basic earnings per share
  $ 62,546       11,518,630     $ 5.43  
Add effect of dilutive securities:
                       
    Options and restricted shares
    -       79,236       (0.04 )
Diluted earnings per share
  $ 62,546       11,597,866     $ 5.39  
                         
For the six months ended May 26, 2012:
                       
                         
Basic earnings per share
  $ 7,446       11,138,505     $ 0.67  
Add effect of dilutive securities:
                       
    Options and restricted shares
    -       91,060       (0.01 )
Diluted earnings per share
  $ 7,446       11,229,565     $ 0.66  
                         
For the six months ended May 28, 2011:
                       
                         
Basic earnings per share
  $ 54,292       11,511,541     $ 4.72  
Add effect of dilutive securities:
                       
    Options and restricted shares
    -       68,138       (0.03 )
Diluted earnings per share
  $ 54,292       11,579,679     $ 4.69  
                         

Options to purchase 724,500 and 1,025,514 shares of common stock at May 26, 2012 and May 28, 2011, respectively, were excluded from the computation as their effect was anti-dilutive.