Note 19 - Earnings Per Share

12 Months Ended

Nov. 28, 2015

Notes to Financial Statements

Earnings Per Share [Text Block]

19.

Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

	2015		2014		2013
Numerator:
Net income	$	20,433	$	9,299	$	5,096
Denominator:
Denominator for basic income per share - weighted average shares		10,701,829		10,552,462		10,721,652
Effect of dilutive securities		141,198		140,569		150,897
Denominator for diluted income per share — weighted average shares and assumed conversions		10,843,027		10,693,031		10,872,549
Basic income per share:
Net income per share — basic	$	1.91	$	0.88	$	0.48
Diluted income per share:
Net income per share — diluted	$	1.88	$	0.87	$	0.47

For fiscal 2015, 2014 and 2013, the following potentially dilutive shares were excluded from the computations as there effect was anti-dilutive:

	2015		2014		2013
Stock options		-		150,000		472,500
Unvested restricted shares		8,354		-		81,295
Total anti-dilutive securities		8,354		150,000		553,795