Earnings per Share

3 Months Ended

Jul. 02, 2023

Earnings Per Share [Abstract]

Earnings per Share

Earnings per Share

Basic earnings per share (“EPS”) is computed by dividing net earnings by the weighted-average number of common shares outstanding. Diluted EPS includes the dilutive impact of incremental shares assumed to be issued as performance units and restricted stock.

Basic and diluted EPS were calculated using the following:

	Three Months Ended
	July 02, 2023	July 03, 2022
Weighted-average common shares outstanding—basic	20,907,724	20,908,823
Dilutive impact of performance units and restricted stock	105,064	124,726
Weighted-average common shares outstanding—diluted	21,012,788	21,033,549

For each of the periods presented, there were no shares excluded from the calculation of weighted-average common shares for diluted EPS.