Earnings per Share

6 Months Ended

Aug. 29, 2026

Basic earnings per share is computed by dividing net earnings by the weighted average number of common shares outstanding. Diluted earnings per share is computed by dividing net earnings by the weighted average number of common shares outstanding, including the dilutive effects of stock options, SARs and nonvested shares.

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 29, 2026	August 30, 2025	August 29, 2026	August 30, 2025


Basic earnings per share – weighted common shares outstanding	20,722	21,408	20,884	21,373
Weighted average effect of nonvested share grants and assumed exercise of stock options	179	182	130	189
Diluted earnings per share – weighted common shares and potential common shares outstanding	20,901	21,590	21,014	21,562
Stock awards excluded from the calculation of earnings per share because the exercise price was greater than the average market price of the common shares	79	230	118	215