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 27, 2017:

Basic earnings per share	$	5,842		10,648,033	$	0.55
Add effect of dilutive securities:
Options and restricted shares		-		74,293		(0.01	)
Diluted earnings per share	$	5,842		10,722,326	$	0.54

For the quarter ended May 28, 2016:

Basic earnings per share	$	3,385		10,767,082	$	0.31
Add effect of dilutive securities:
Options and restricted shares		-		145,609		-
Diluted earnings per share	$	3,385		10,912,691	$	0.31


For the six months ended May 27, 2017:

Basic earnings per share	$	8,703		10,630,836	$	0.82
Add effect of dilutive securities:
Options and restricted shares		-		88,009		(0.01	)
Diluted earnings per share	$	8,703		10,718,845	$	0.81

For the six months ended May 28, 2016:

Basic earnings per share	$	6,619		10,773,656	$	0.61
Add effect of dilutive securities:
Options and restricted shares		-		142,584		-
Diluted earnings per share	$	6,619		10,916,240	$	0.61

For the

three

and

six

months ended

May 27, 2017

and

May 28, 2016,

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

Anti-dilutive shares:

Quarter Ended

Six Months Ended

May 27,

2017

May 28,

2016

May 27,

2017

May 28,

2016

Unvested shares

5,814

6,538

7,814