Earnings per Share

6 Months Ended

Aug. 27, 2022

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		Six Months Ended
(In thousands)	August 27, 2022	August 28, 2021	August 27, 2022	August 28, 2021
Basic earnings per share – weighted average common shares outstanding	21,860	25,140	22,129	25,271
Weighted average effect of nonvested share grants and assumed exercise of stock options	385	—	434	366
Diluted earnings per share – weighted average common shares and potential common shares outstanding	22,245	25,140	22,563	25,637
Stock awards excluded from the calculation of earnings per share because the effect was anti-dilutive (award price greater than average market price of the shares)	120	4	120	8