Earnings per Share

9 Months Ended

Nov. 26, 2016

Earnings per Share

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



	Three Months Ended		Nine Months Ended
(In thousands)	November 26, 2016	November 28, 2015	November 26, 2016	November 28, 2015
Basic earnings per share – weighted average common shares outstanding	28,828	29,181	28,807	29,137
Weighted average effect of nonvested share grants and assumed exercise of stock options	64	285	106	342
Diluted earnings per share – weighted average common shares and potential common shares outstanding	28,892	29,466	28,913	29,479

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.