Earnings per Share

9 Months Ended

Nov. 27, 2021

Earnings Per Share [Abstract]

Earnings Per Share

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		Nine Months Ended
(In thousands)	November 27, 2021	November 28, 2020	November 27, 2021	November 28, 2020
Basic earnings per share – weighted average common shares outstanding	24,957	25,883	25,166	26,068
Weighted average effect of nonvested share grants and assumed exercise of stock options	352	342	293	282
Diluted earnings per share – weighted average common shares and potential common shares outstanding	25,309	26,225	25,459	26,350
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)	—	159	—	238