Note 11 - Earnings Per Share

3 Months Ended

Feb. 25, 2017

Notes to Financial Statements

Earnings Per Share [Text Block]

1

1

.

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 25, 2017:
Basic earnings per share	$	2,861		10,613,639	$	0.27
Add effect of dilutive securities:
Options and restricted shares		-		105,636		-
Diluted earnings per share	$	2,861		10,719,275	$	0.27
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 quarters ended

February

25,

2017

and

February

27,

2016,

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

	Quarter Ended
	February 25, 2017		February 27, 2016
Unvested shares		-		2,000