Earnings Per Share (Tables)

3 Months Ended

Jun. 30, 2013

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Earnings Per Common Share

The following table presents the calculation of basic and diluted earnings per common share (in thousands, except per share amounts):

	Three Months Ended
	June 30, 2013			July 1, 2012
Earnings per share – Basic:
Net earnings	$	4,292		$	4,207
Less: Distributed and undistributed earnings allocated to nonvested stock		(35	)		(48	)
Earnings available to common shareholders – Basic	$	4,257		$	4,159
Weighted average common shares outstanding – Basic		8,069			7,867
Earnings per common share – Basic	$	0.53		$	0.53
Earnings per share – Diluted:
Net earnings	$	4,292		$	4,207
Less: Distributed and undistributed earnings allocated to nonvested stock		(35	)		(47	)
Earnings available to common shareholders – Diluted	$	4,257		$	4,160
Weighted average common shares outstanding – Basic		8,069			7,867
Effect of dilutive options		248			373
Weighted average common shares outstanding – Diluted		8,317			8,240
Earnings per common share – Diluted	$	0.51		$	0.51
Anti-dilutive equity awards not included above		--			--