Note 19 - Earnings Per Share

12 Months Ended

Nov. 26, 2016

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:

	2016		2015		2014
Numerator:
Net income	$	15,829	$	20,433	$	9,299
Denominator:
Denominator for basic income per share - weighted average shares		10,732,217		10,701,829		10,552,462
Effect of dilutive securities		130,204		141,198		140,569
Denominator for diluted income per share — weighted average shares and assumed conversions		10,862,421		10,843,027		10,693,031
Basic income per share:
Net income per share — basic	$	1.47	$	1.91	$	0.88
Diluted income per share:
Net income per share — diluted	$	1.46	$	1.88	$	0.87

For fiscal

2016,

2015

and

2014,

the following potentially dilutive shares were excluded from the computations as there effect was anti - dilutive:

	2016		2015		2014
Stock options		-		-		150,000
Unvested restricted shares		7,814		8,354		-
Total anti-dilutive securities		7,814		8,354		150,000