Note 18 - Earnings Per Share

12 Months Ended

Nov. 24, 2018

Notes to Financial Statements

Earnings Per Share [Text Block]

18. Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

	2018		2017		2016
Numerator:
Net income	$	8,218	$	18,256	$	15,829
Denominator:
Denominator for basic income per share - weighted average shares		10,651,351		10,649,225		10,732,217
Effect of dilutive securities		40,424		82,850		130,204
Denominator for diluted income per share — weighted average shares and assumed conversions		10,691,775		10,732,075		10,862,421
Basic income per share:
Net income per share — basic	$	0.77	$	1.71	$	1.47
Diluted income per share:
Net income per share — diluted	$	0.77	$	1.70	$	1.46

For fiscal

2018,

2017

and

2016,

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

	2018		2017		2016
Unvested restricted shares		45,036		-		7,814