Earnings per Share

9 Months Ended

Nov. 28, 2015

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 28, 2015		November 29, 2014		November 28, 2015		November 29, 2014
Basic earnings per share – weighted average common shares outstanding	29,181		28,725		29,137		28,759
Weighted average effect of nonvested share grants and assumed exercise of stock options	285		633		342		591
Diluted earnings per share – weighted average common shares and potential common shares outstanding	29,466		29,358		29,479		29,350
Earnings per share – basic	$	0.64	$	0.47	$	1.56	$	1.27
Earnings per share – diluted	0.63		0.47		1.54		1.25

There were no anti-dilutive stock options excluded from the calculation of earnings per share for any of the periods presented, as the average market price exceeded the exercise price of options outstanding.