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Earnings Per Share (Tables)
12 Months Ended
Apr. 01, 2018
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

 

2018

 

2017

 

2016

 

Earnings per share – Basic:

 

 

    

    

 

    

 

 

    

 

Net earnings

 

$

5,195

 

$

1,445

 

$

5,341

 

Less: Distributed and undistributed earnings allocated to nonvested stock

 

 

 —

 

 

 —

 

 

(15)

 

Earnings available to common shareholders – Basic

 

$

5,195

 

$

1,445

 

$

5,326

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding – Basic

 

 

8,371

 

 

8,313

 

 

8,220

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per common share – Basic

 

$

0.62

 

$

0.17

 

$

0.65

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share – Diluted:

 

 

 

 

 

 

 

 

 

 

Net earnings

 

$

5,195

 

$

1,445

 

$

5,341

 

Less: Distributed and undistributed earnings allocated to nonvested stock

 

 

 —

 

 

 —

 

 

(1)

 

Earnings available to common shareholders – Diluted

 

$

5,195

 

$

1,445

 

$

5,340

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding – Basic

 

 

8,371

 

 

8,313

 

 

8,220

 

Effect of dilutive options

 

 

100

 

 

27

 

 

 —

 

Weighted average common shares outstanding – Diluted

 

 

8,471

 

 

8,340

 

 

8,220

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per common share – Diluted

 

$

0.61

 

$

0.17

 

$

0.65

 

 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive equity awards not included above

 

 

40

 

 

60

 

 

100