Earnings per Share

6 Months Ended

Aug. 26, 2023

Earnings per Share

The following table presents a reconciliation of the share amounts used in the computation of basic and diluted earnings per share (diluted EPS):


	Three Months Ended		Six Months Ended
(In thousands)	August 26, 2023	August 27, 2022	August 26, 2023	August 27, 2022
Basic earnings per share – weighted average common shares outstanding	21,708	21,860	21,813	22,129
Weighted average effect of nonvested share grants and assumed exercise of stock options	254	385	292	434
Diluted earnings per share – weighted average common shares and potential common shares outstanding	21,962	22,245	22,105	22,563
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)	51	120	73	120