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Earnings Per Share (Tables)
12 Months Ended
Mar. 27, 2016
Earnings Per Share  
Calculation of Basic and Diluted Earnings Per Common Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amounts in thousands, except per share amounts

 

Amounts in thousands, except per share amounts

 

 

 

2016

 

2015

 

2014

 

Earnings per share – Basic:

    

 

 

 

    

    

 

    

 

 

    

 

Net earnings

 

 

 

$

5,341

 

$

8,634

 

$

16,249

 

Less: Distributed and undistributed earnings allocated to nonvested stock

 

 

 

 

(15)

 

 

(47)

 

 

(134)

 

Earnings available to common shareholders – Basic

 

 

 

$

5,326

 

$

8,587

 

$

16,115

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding – Basic

 

 

 

 

8,220

 

 

8,171

 

 

8,134

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per common share – Basic

 

 

 

$

0.65

 

$

1.05

 

$

1.98

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share – Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings

 

 

 

$

5,341

 

$

8,634

 

$

16,249

 

Less: Distributed and undistributed earnings allocated to nonvested stock

 

 

 

 

(1)

 

 

(19)

 

 

(132)

 

Earnings available to common shareholders – Diluted

 

 

 

$

5,340

 

$

8,615

 

$

16,117

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding – Basic

 

 

 

 

8,220

 

 

8,171

 

 

8,134

 

Effect of dilutive options

 

 

 

 

 —

 

 

102

 

 

192

 

Weighted average common shares outstanding – Diluted

 

 

 

 

8,220

 

 

8,273

 

 

8,326

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per common share – Diluted

 

 

 

$

0.65

 

$

1.04

 

$

1.94

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive equity awards not included above

 

 

 

 

100