Note 11 - Earnings Per Common Share (Tables)

9 Months Ended

Dec. 30, 2017

Notes Tables

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	Q U A R T E R				Y E A R T O D A T E
(Thousands, except share amounts)	Fiscal 2018		Fiscal 2017		Fiscal 2018		Fiscal 2017
	(Restated)		(Restated)		(Restated)		(Restated)
Basic
Net earnings	$	4,377	$	7,789	$	439	$	15,575
Deduct preferred stock dividends paid		6		6		17		17
Undistributed earnings		4,371		7,783		422		15,558
Earnings attributable to participating preferred		17		71		2		142
Earnings attributable to common shareholders	$	4,354	$	7,712	$	420	$	15,416
Weighted average common shares outstanding		9,740		9,770		9,782		9,790
Basic earnings per common share	$	0.45	$	0.79	$	0.04	$	1.58
Diluted
Earnings attributable to common shareholders	$	4,354	$	7,712	$	420	$	15,416
Add dividends on convertible preferred stock		5		5		15		15
Earnings attributable to common stock on a diluted basis	$	4,359	$	7,717	$	435	$	15,431
Weighted average common shares outstanding-basic		9,740		9,770		9,782		9,790
Additional shares issued related to the equity compensation plan		2		2		2		2
Additional shares to be issued under full conversion of preferred stock		67		67		67		67
Total shares for diluted		9,809		9,839		9,851		9,859
Diluted earnings per common share	$	0.44	$	0.78	$	0.04	$	1.57