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 26, 2018:

Basic earnings per share	$	4,289		10,701,154	$	0.40
Add effect of dilutive securities:
Options and restricted shares		-		40,182		-
Diluted loss per share	$	4,289		10,741,336	$	0.40

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 six months ended May 26, 2018:

Basic earnings per share	$	3,376		10,693,815	$	0.32
Add effect of dilutive securities:
Options and restricted shares		-		53,936		(0.01	)
Diluted earnings per share	$	3,376		10,747,751	$	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

three

and

six

months ended

May 26, 2018

and

May 27, 2017,

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

Quarter Ended

Six Months Ended

May 26,

2018

May 27,

2017

May 26,

2018

May 27,

2017

Unvested shares

5,292

6,538