Earnings (loss) Per Share

9 Months Ended

Dec. 27, 2014

Earnings Per Share [Abstract]

Earnings (loss) Per Share

Earnings (loss) Per Share

The following table details the computation of basic and diluted earnings (loss) per common share from continuing operations for the periods presented (share numbers in thousands):

	Three-months ended				Nine-months ended
	December 31				December 31
	2014		2013		2014		2013
Net income (loss)	$	5,274	$	6,658	$	12,420	$	19,148
Weighted-average common shares outstanding (basic)	15,392		15,771		15,439		15,902
Effect of dilutive securities from equity awards	62		96		62		87
Weighted-average common shares outstanding (diluted)	15,454		15,867		15,501		15,989
Basic earnings (loss) per common share	$	0.34	$	0.42	$	0.80	$	1.20
Dilutive earnings (loss) per common share	$	0.34	$	0.42	$	0.80	$	1.20

The Weighted-average common shares outstanding (diluted) computation is not impacted during any period where the exercise price of a stock option is greater than the average market price. There were 1,882,003 and 1,919,667 non-dilutive equity awards outstanding for the three-months ended December 31, 2014 and 2013, respectively, and 1,885,103 and 2,080,532 non-dilutive equity awards outstanding for the nine-months ended December 31, 2014 and 2013, respectively, that are not included in the corresponding period Weighted-average common shares outstanding (diluted) computation.