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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands
3 Months Ended 6 Months Ended
Sep. 01, 2019
Aug. 26, 2018
Sep. 01, 2019
Aug. 26, 2018
Net sales $ 13,723,000 $ 11,211,000 $ 28,673,000 $ 21,604,000
Cost of sales 9,910,000 8,066,000 20,056,000 15,607,000
Gross profit 3,813,000 3,145,000 8,617,000 5,997,000
Selling, general and administrative expenses 1,914,000 2,116,000 3,836,000 4,217,000
Earnings from continuing operations 1,899,000 1,029,000 4,781,000 1,780,000
Interest and other income 863,000 357,000 1,811,000 697,000
Earnings from continuing operations before income taxes 2,762,000 1,386,000 6,592,000 2,477,000
Income tax provision (benefit) (Note 9) 710,000 (438,000) 1,826,000 (163,000)
Net earnings from continuing operations 2,052,000 1,824,000 4,766,000 2,640,000
(Loss) earnings from discontinued operations, net of tax (Note 11) 83,000 876,000 (44,000) 3,228,000
Net earnings $ 2,135,000 $ 2,700,000 $ 4,722,000 $ 5,868,000
Basic:        
Continuing operations (in dollars per share) $ 0.10 $ 0.09 $ 0.23 $ 0.13
Discontinued operations (in dollars per share) 0.04 0.16
Basic earnings per share (in dollars per share) $ 0.10 $ 0.13 $ 0.23 $ 0.29
Basic weighted average shares (in shares) 20,499 20,253 20,495 20,248
Diluted:        
Continuing operations (in dollars per share) $ 0.10 $ 0.09 $ 0.23 $ 0.13
Discontinued operations (in dollars per share) 0.04 0.16
Diluted earnings per share (in dollars per share) $ 0.10 $ 0.13 $ 0.23 $ 0.29
Diluted weighted average shares (in shares) 20,601 20,382 20,593 20,339