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Earnings Per Share (Tables)
3 Months Ended
Jun. 26, 2016
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

 

 

 

Earnings per share – Basic:

    

    

 

    

 

 

 

Net earnings

 

 

$

1,695

 

 

 

Less: Distributed and undistributed earnings allocated to nonvested stock

 

 

 

(4)

 

 

 

Earnings available to common shareholders – Basic

 

 

$

1,691

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding – Basic

 

 

 

8,200

 

 

 

 

 

 

 

 

 

 

 

Earnings per common share – Basic

 

 

$

0.21

 

 

 

 

 

 

 

 

 

 

 

Earnings per share – Diluted:

 

 

 

 

 

 

 

Net earnings

 

 

$

1,695

 

 

 

Less: Distributed and undistributed earnings allocated to nonvested stock

 

 

 

(4)

 

 

 

Earnings available to common shareholders – Diluted

 

 

$

1,691

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding – Basic

 

 

 

8,200

 

 

 

Effect of dilutive options

 

 

 

69

 

 

 

Weighted average common shares outstanding – Diluted

 

 

 

8,269

 

 

 

 

 

 

 

 

 

 

 

Earnings per common share – Diluted

 

 

$

0.20

 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive equity awards not included above