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Earnings per Share (Tables)
3 Months Ended
May 29, 2021
Earnings Per Share [Abstract]  
Reconciliation of basic and diluted earnings per share
The following table presents a reconciliation of the share amounts used in the computation of basic and diluted earnings per share:
Three Months Ended
(In thousands)May 29, 2021May 30, 2020
Basic earnings per share – weighted average common shares outstanding
25,402 26,168 
Weighted average effect of nonvested share grants and assumed exercise of stock options
420 250 
Diluted earnings per share – weighted average common shares and potential common shares outstanding
25,822 26,418 
Stock awards excluded from the calculation of earnings per share because the effect was anti-dilutive (award price greater than average market price of the shares)
150