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Earnings Per Share (Tables)
3 Months Ended
Jun. 28, 2015
Earnings Per Share  
Calculation of Basic and Diluted Earnings Per Common Share

 

 

 

 

 

 

 

 

 

 

Fiscal Quarter Ended

 

Amounts in thousands, except per share amounts

 

June 28, 2015

 

June 29, 2014

 

Earnings per share – Basic:

    

 

    

    

 

    

 

Net earnings

 

$

1,695

 

$

3,671

 

Less: Distributed and undistributed earnings allocated to nonvested stock

 

 

(4)

 

 

(20)

 

Earnings available to common shareholders – Basic

 

$

1,691

 

$

3,651

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding – Basic

 

 

8,200

 

 

8,239

 

 

 

 

 

 

 

 

 

Earnings per common share – Basic

 

$

0.21

 

$

0.44

 

 

 

 

 

 

 

 

 

Earnings per share – Diluted:

 

 

 

 

 

 

 

Net earnings

 

$

1,695

 

$

3,671

 

Less: Distributed and undistributed earnings allocated to nonvested stock

 

 

(4)

 

 

(19)

 

Earnings available to common shareholders – Diluted

 

$

1,691

 

$

3,652

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding – Basic

 

 

8,200

 

 

8,239

 

Effect of dilutive options

 

 

69

 

 

145

 

Weighted average common shares outstanding – Diluted

 

 

8,269

 

 

8,384

 

 

 

 

 

 

 

 

 

Earnings per common share – Diluted

 

$

0.20

 

$

0.44

 

 

 

 

 

 

 

 

 

Anti-dilutive equity awards not included above