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Earnings Per Share (Tables)
6 Months Ended
Sep. 27, 2015
Earnings Per Share  
Calculation of Basic and Diluted Earnings Per Common Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Quarter Ended

 

Six Months Ended

 

 

Amounts in thousands, except per share amounts

 

September 27, 2015

 

September 28, 2014

 

September 27, 2015

 

September 28, 2014

 

 

Earnings per share – Basic:

    

 

    

    

 

    

 

 

    

    

 

    

 

 

Net earnings

 

$

2,748

 

$

3,514

 

$

4,444

 

$

7,185

 

 

Less: Distributed and undistributed earnings allocated to nonvested stock

 

 

(7)

 

 

(19)

 

 

(12)

 

 

(39)

 

 

Earnings available to common shareholders – Basic

 

$

2,741

 

$

3,495

 

$

4,432

 

$

7,146

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding – Basic

 

 

8,238

 

 

8,279

 

 

8,219

 

 

8,252

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per common share – Basic

 

$

0.33

 

$

0.42

 

$

0.54

 

$

0.87

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share – Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings

 

$

2,748

 

$

3,514

 

$

4,444

 

$

7,185

 

 

Less: Distributed and undistributed earnings allocated to nonvested stock

 

 

(7)

 

 

(19)

 

 

(8)

 

 

(29)

 

 

Earnings available to common shareholders – Diluted

 

$

2,741

 

$

3,495

 

$

4,436

 

$

7,156

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding – Basic

 

 

8,238

 

 

8,279

 

 

8,219

 

 

8,252

 

 

Effect of dilutive options

 

 

32

 

 

106

 

 

41

 

 

106

 

 

Weighted average common shares outstanding – Diluted

 

 

8,270

 

 

8,385

 

 

8,260

 

 

8,358

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per common share – Diluted

 

$

0.33

 

$

0.42

 

$

0.54

 

$

0.86

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive equity awards not included above

 

 

80,000

 

 

 

 

80,000