Earnings per Share

9 Months Ended

Nov. 29, 2014

Earnings Per Share [Abstract]

Earnings Per Share

Earnings per Share

The following table presents a reconciliation of the denominators used in the computation of basic and diluted earnings per share:

	Three Months Ended				Nine Months Ended
(In thousands, except per share data)	November 29, 2014		November 30, 2013		November 29, 2014		November 30, 2013
Basic earnings per share – weighted common shares outstanding	28,725		28,483		28,759		28,439
Weighted average effect of nonvested share grants and assumed exercise of stock options	633		893		591		869
Diluted earnings per share – weighted common shares and potential common shares outstanding	29,358		29,376		29,350		29,308
Earnings per share – basic	$	0.47	$	0.34	$	1.27	$	0.70
Earnings per share – diluted	0.47		0.33		1.25		0.68

There were no anti-dilutive stock options excluded from the calculation of earnings per share for any of the periods presented as the average market price exceeded the exercise price of options outstanding.