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Earnings Per Share (Tables)
6 Months Ended
Sep. 25, 2016
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 27, 2015

 

 

Earnings per share – Basic:

    

    

 

    

 

 

    

 

 

Net earnings

 

 

$

2,748

 

$

4,444

 

 

Less: Distributed and undistributed earnings allocated to nonvested stock

 

 

 

(7)

 

 

(12)

 

 

Earnings available to common shareholders – Basic

 

 

$

2,741

 

$

4,432

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding – Basic

 

 

 

8,238

 

 

8,219

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per common share – Basic

 

 

$

0.33

 

$

0.54

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share – Diluted:

 

 

 

 

 

 

 

 

 

Net earnings

 

 

$

2,748

 

$

4,444

 

 

Less: Distributed and undistributed earnings allocated to nonvested stock

 

 

 

(7)

 

 

(8)

 

 

Earnings available to common shareholders – Diluted

 

 

$

2,741

 

$

4,436

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding – Basic

 

 

 

8,238

 

 

8,219

 

 

Effect of dilutive options

 

 

 

32

 

 

41

 

 

Weighted average common shares outstanding – Diluted

 

 

 

8,270

 

 

8,260

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per common share – Diluted

 

 

$

0.33

 

$

0.54

 

 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive equity awards not included above

 

 

 

80

 

 

80