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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands
3 Months Ended 6 Months Ended
Aug. 27, 2017
Aug. 28, 2016
Aug. 27, 2017
Aug. 28, 2016
Net sales $ 29,836,000 $ 29,058,000 $ 57,253,000 $ 60,548,000
Cost of sales 22,659,000 21,824,000 43,754,000 44,527,000
Gross profit 7,177,000 7,234,000 13,499,000 16,021,000
Selling, general and administrative expenses 4,443,000 5,110,000 9,170,000 10,447,000
Restructuring charges (Note 6) 2,902,000 23,000 4,263,000 93,000
(Loss) Earnings from operations (168,000) 2,101,000 66,000 5,481,000
Interest expense (Note 5) 603,000 334,000 1,113,000 667,000
Interest and other income 751,000 369,000 1,500,000 747,000
(Loss) Earnings before income taxes (20,000) 2,136,000 453,000 5,561,000
Income tax (benefit) provision (Note 9) (540,000) 155,000 (1,461,000) 630,000
Net earnings $ 520,000 $ 1,981,000 $ 1,914,000 $ 4,931,000
Earnings per share (Note 7):        
Basic earnings per share (in dollars per share) $ 0.03 $ 0.10 $ 0.09 $ 0.24
Basic weighted average shares (in shares) 20,236 20,235 20,236 20,235
Diluted earnings per share (in dollars per share) $ 0.03 $ 0.10 $ 0.09 $ 0.24
Diluted weighted average shares (in shares) 20,250 20,235 20,247 20,235
Dividends declared per share (in dollars per share) $ 0.10 $ 0.10 $ 0.20 $ 0.20