Earnings per Share (Tables)

12 Months Ended

Feb. 27, 2021

Earnings Per Share [Abstract]

Reconciliation of basic and diluted earnings per share

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

(In thousands)	2021	2020	2019
Basic earnings per share - weighted average common shares outstanding	25,955	26,474	27,802
Weighted average effect of nonvested share grants and assumed exercise of stock options	349	255	280
Diluted earnings per share - weighted average common shares and potential common shares outstanding	26,304	26,729	28,082
Stock awards excluded from the calculation of earnings per share because the award price was greater than the average market price of the common shares	111	99	134