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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Nov. 26, 2023
Nov. 27, 2022
Nov. 26, 2023
Nov. 27, 2022
Net earnings $ 11,639 $ 13,867 $ 39,671 $ 40,525
Cost of sales 8,470 9,423 27,590 27,903
Gross profit 3,169 4,444 12,081 12,622
Selling, general and administrative expenses 1,804 1,523 6,272 4,888
Earnings from operations 1,365 2,921 5,809 7,734
Interest and other income 261 299 724 653
Earnings from operations before income taxes 1,626 3,220 6,533 8,387
Income tax provision (Note 9) 423 990 1,730 2,362
Less: reclassification adjustment for losses included in net earnings $ 1,203 $ 2,230 $ 4,803 $ 6,025
Basic:        
Basic earnings per share (in dollars per share) $ 0.06 $ 0.11 $ 0.24 $ 0.29
Basic weighted average shares (in shares) 20,250 20,471 20,323 20,463
Diluted:        
Diluted earnings per share (in dollars per share) $ 0.06 $ 0.11 $ 0.24 $ 0.29
Diluted weighted average shares (in shares) 20,355 20,510 20,406 20,506
Losses on Marketable Securities [Member]        
Less: reclassification adjustment for losses included in net earnings $ 1,203 $ 2,230 $ 4,803 $ 6,025