Earnings Per Share

9 Months Ended

Dec. 29, 2012

Earnings Per Share [Abstract]

Earnings Per Share Text Block

10.       Earnings per share for the Quarters Ended December 29, 2012 and December 31, 2011 are as follows:

		Q U A R T E R				YEAR TO DATE
	Fiscal		Fiscal		Fiscal		Fiscal
	2013		2012		2013		2012
	(In thousands, except per share amounts)
Basic
Net earnings	$	14,790	$	18,530	$	37,502	$	13,438
Deduct preferred stock dividends paid		6		6		17		17
Undistributed earnings		14,784		18,524		37,485		13,421
Earnings attributable to participating preferred		519		627		1,297		457
Earnings attributable to common shareholders	$	14,265	$	17,897	$	36,188	$	12,964
Weighted average common shares outstanding		10,767		11,728		11,276		11,734
Basic earnings per common share	$	1.32	$	1.53	$	3.21	$	1.10
Diluted
Earnings attributable to common shareholders	$	14,265	$	17,897	$	36,188	$	12,964
Add dividends on convertible preferred stock		5		5		15		15
Earnings attributable to common stock on a diluted basis	$	14,270	$	17,902	$	36,203	$	12,979
Weighted average common shares outstanding-basic		10,767		11,728		11,276		11,734
Additional shares issuable related to the
equity compensation plan		4		4		4		4
Additional shares to be issued under full
conversion of preferred stock		67		67		67		67
Total shares for diluted		10,838		11,799		11,347		11,805
Diluted earnings per common share	$	1.32	$	1.52	$	3.19	$	1.10