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 August 25, 2018:

Basic earnings per share	$	2,945		10,666,529	$	0.28
Add effect of dilutive securities:
Options and restricted shares		-		33,188		-
Diluted earnings per share	$	2,945		10,699,717	$	0.28

For the quarter ended August 26, 2017:

Basic earnings per share	$	4,579		10,661,433	$	0.43
Add effect of dilutive securities:
Options and restricted shares		-		69,772		-
Diluted earnings per share	$	4,579		10,731,205	$	0.43

For the nine months ended August 25, 2018:

Basic earnings per share	$	6,321		10,684,720	$	0.59
Add effect of dilutive securities:
Options and restricted shares		-		46,632		-
Diluted earnings per share	$	6,321		10,731,352	$	0.59

For the nine months ended August 26, 2017:

Basic earnings per share	$	13,282		10,641,035	$	1.25
Add effect of dilutive securities:
Options and restricted shares		-		81,558		(0.01	)
Diluted earnings per share	$	13,282		10,722,593	$	1.24

For the

three

and

nine

months ended

August 25, 2018

and

August 26, 2017,

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

Quarter Ended

Nine Months Ended

August 25,

2018

August 26,

2017

August 25,

2018

August 26,

2017

Unvested shares

5,292

6,538