Note 19 - Earnings Per Share

12 Months Ended

Nov. 25, 2017

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

:

	2017		2016		2015
Numerator:
Net income	$	18,256	$	15,829	$	20,433
Denominator:
Denominator for basic income per share - weighted average shares		10,649,225		10,732,217		10,701,829
Effect of dilutive securities		82,850		130,204		141,198
Denominator for diluted income per share — weighted average shares and assumed conversions		10,732,075		10,862,421		10,843,027
Basic income per share:
Net income per share — basic	$	1.71	$	1.47	$	1.91
Diluted income per share:
Net income per share — diluted	$	1.70	$	1.46	$	1.88

For fiscal

201

7,

2016

and

2015,

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

	2017		2016		2015
Unvested restricted shares		-		7,814		8,354