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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Nov. 26, 2017
Nov. 27, 2016
Nov. 26, 2017
Nov. 27, 2016
Net sales $ 26,139 $ 26,462 $ 83,392 $ 87,010
Cost of sales 20,069 19,828 63,823 64,355
Gross profit 6,070 6,634 19,569 22,655
Selling, general and administrative expenses 4,797 4,604 13,967 15,051
Restructuring charges (Note 6) 472 113 4,735 206
Earnings from operations 801 1,917 867 7,398
Interest expense (Note 5) 689 343 1,802 1,010
Interest and other income 734 430 2,234 1,177
Earnings before income taxes 846 2,004 1,299 7,565
Income tax provision (benefit) (Note 9) 130 129 (1,331) 759
Net earnings $ 716 $ 1,875 $ 2,630 $ 6,806
Earnings per share (Note 7):        
Basic earnings per share (in dollars per share) $ 0.04 $ 0.09 $ 0.13 $ 0.34
Basic weighted average shares (in shares) 20,237 20,235 20,236 20,235
Diluted earnings per share (in dollars per share) $ 0.04 $ 0.09 $ 0.13 $ 0.34
Diluted weighted average shares (in shares) 20,261 20,235 20,252 20,235
Dividends declared per share (in dollars per share) $ 0.10 $ 0.10 $ 0.30 $ 0.30