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Earnings Per Share (Tables)
12 Months Ended
Mar. 26, 2017
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

 

2017

 

2016

 

2015

 

Earnings per share – Basic:

 

 

    

    

 

    

 

 

    

 

Net earnings

 

$

1,445

 

$

5,341

 

$

8,634

 

Less: Distributed and undistributed earnings allocated to nonvested stock

 

 

 —

 

 

(15)

 

 

(47)

 

Earnings available to common shareholders – Basic

 

$

1,445

 

$

5,326

 

$

8,587

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding – Basic

 

 

8,313

 

 

8,220

 

 

8,171

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per common share – Basic

 

$

0.17

 

$

0.65

 

$

1.05

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share – Diluted:

 

 

 

 

 

 

 

 

 

 

Net earnings

 

$

1,445

 

$

5,341

 

$

8,634

 

Less: Distributed and undistributed earnings allocated to nonvested stock

 

 

 —

 

 

(1)

 

 

(19)

 

Earnings available to common shareholders – Diluted

 

$

1,445

 

$

5,340

 

$

8,615

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding – Basic

 

 

8,313

 

 

8,220

 

 

8,171

 

Effect of dilutive options

 

 

27

 

 

 —

 

 

102

 

Weighted average common shares outstanding – Diluted

 

 

8,340

 

 

8,220

 

 

8,273

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per common share – Diluted

 

$

0.17

 

$

0.65

 

$

1.04

 

 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive equity awards not included above

 

 

60

 

 

100