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Note 13 - Earnings Per Share
3 Months Ended
Feb. 27, 2016
Notes to Financial Statements  
Earnings Per Share [Text Block]
1
3
.
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 February 27, 2016:
                       
                         
Basic earnings per share
  $ 3,234       10,780,229     $ 0.30  
Add effect of dilutive securities:
Options and restricted shares
    -       104,327       -  
Diluted earnings per share
  $ 3,234       10,884,556     $ 0.30  
                         
For the quarter ended February 28, 2015:
                       
                         
Basic earnings per share
  $ 5,956       10,480,656     $ 0.57  
Add effect of dilutive securities:
Options and restricted shares
    -       175,856       (0.01 )
Diluted earnings per share
  $ 5,956       10,656,512     $ 0.56  
 
 
For the three months ended February 27, 2016 and February 28, 2015, the following potentially dilutive shares were excluded from the computations as their effect was anti-dilutive:
 
 
   
Quarter Ended
 
   
February 27,
2016
   
February 28,
2015
 
                 
Unvested shares
    2,000       46,000