Note H - Earnings Per Share

3 Months Ended

Mar. 19, 2022

Notes to Financial Statements

Earnings Per Share [Text Block]

Note H ‑ Earnings Per Share

The shares used in computation of the Company’s basic and diluted earnings per common share are as follows:

	Three Months Ended
In thousands	March 19, 2022		March 20, 2021
Weighted average common shares outstanding		13,509		13,880
Dilutive effect of stock options and restricted stock units		138		97
Weighted average common shares outstanding, assuming dilution		13,647		13,977

Stock options that are anti-dilutive as to earnings per share and unvested restricted stock units which have a market condition for vesting that has not been achieved are ignored in the computation of dilutive earnings per share. The number of stock options and restricted stock units that were excluded in 2022 and 2021 were zero and 11,900, respectively.