Earnings per Share

9 Months Ended

Nov. 30, 2013

Earnings per Share

The following table presents a reconciliation of the denominators used in the computation of basic and diluted earnings per share:



	Three Months Ended				Nine Months Ended
(In thousands, except per share data)	November 30, 2013		December 1, 2012		November 30, 2013		December 1, 2012
Basic earnings per share – weighted common shares outstanding	28,483		28,029		28,439		27,913
Weighted average effect of nonvested share grants and assumed exercise of stock options	893		803		869		584
Diluted earnings per share – weighted common shares and potential common shares outstanding	29,376		28,832		29,308		28,497
Earnings per share – basic	$	0.34	$	0.29	$	0.70	$	0.53
Earnings per share – diluted	0.33		0.28		0.68		0.52
Stock options excluded from the calculation of earnings per share because the exercise price was greater than the average market price of the common shares	—		529		—		235

The entire disclosure for earnings per share.