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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
May 27, 2018
May 28, 2017
Net sales $ 31,102,000 $ 27,417,000
Cost of sales 22,594,000 21,095,000
Gross profit 8,508,000 6,322,000
Selling, general and administrative expenses 4,819,000 4,727,000
Restructuring charges (Note 7) 183,000 1,361,000
Earnings from operations 3,506,000 234,000
Interest expense (Note 5) 0 510,000
Interest and other income 340,000 749,000
Earnings before income taxes 3,846,000 473,000
Income tax provision/(benefit) (Note 10) 678,000 (921,000)
Net earnings $ 3,168,000 $ 1,394,000
Earnings per share (Note 8):    
Basic earnings per share (in dollars per share) $ 0.16 $ 0.07
Basic weighted average shares (in shares) 20,242,000 20,235,000
Diluted earnings per share (in dollars per share) $ 0.16 $ 0.07
Diluted weighted average shares (in shares) 20,296,000 20,244,000
Dividends declared per share (in dollars per share) $ 0.10 $ 0.10