Note 11 - Earnings Per Share

3 Months Ended

Feb. 27, 2021

Notes to Financial Statements

Earnings Per Share [Text Block]

11. 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 February 27, 2021:
Basic loss per share	$	4,011		9,919,518	$	0.40
Add effect of dilutive securities:
Options and restricted shares		-		20,287		-
Diluted loss per share	$	4,011		9,939,805	$	0.40
For the quarter ended February 29, 2020:
Basic earnings per share	$	1,210		10,027,227	$	0.12
Add effect of dilutive securities:
Options and restricted shares		-		25,969		-
Diluted earnings per share	$	1,210		10,053,196	$	0.12

For the three months ended February 27, 2021 and February 29, 2020, the following potentially dilutive shares were excluded from the computations as their effect was anti-dilutive:

	Quarter Ended
	February 27, 2021		February 29, 2020
Unvested shares		-		34,000