Selected Quarterly Financial Data (Unaudited)

12 Months Ended

Mar. 02, 2014

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information [Text Block]

	Quarter
	First		Second		Third		Fourth
Fiscal 2014:
Net sales	$	43,438	$	44,497	$	39,678	$	38,151
Gross profit		12,991		13,621		11,038		10,450
Net Earnings (Loss)		4,929		8,045		4,721		(60,024	)
Basic net earnings (loss) per share	$	0.24	$	0.39	$	0.23	$	(2.88	)
Diluted net earnings (loss) per share	$	0.24	$	0.39	$	0.23	$	(2.88	)
Weighted average common shares outstanding:
Basic		20,828		20,836		20,857		20,873
Diluted		20,844		20,852		20,917		20,873

Fiscal 2013:
Net sales	$	46,046	$	46,430	$	41,265	$	42,675
Gross profit		12,976		13,199		12,540		11,835
Net Earnings		4,933		3,246		4,710		4,072
Basic net earnings per share	$	0.24	$	0.16	$	0.23	$	0.20
Diluted net earnings per share	$	0.24	$	0.16	$	0.23	$	0.20
Weighted average common shares outstanding:
Basic		20,796		20,800		20,801		20,806
Diluted		20,849		20,819		20,803		20,822

Earnings per share are computed separately for each quarter. Therefore, the sum of such quarterly per share amounts may differ from the total for each year.

During the fourth quarter of the 2014 fiscal year, the Company provided for U.S. deferred income taxes in the amount of $63,958 on the undistributed earnings of the Company’s subsidiary in Singapore. See Note 4 of the Notes to Consolidated Financial Statements in Item 8 of Part II of this Report

During the fourth quarter of the 2014 fiscal year, the Company’s Board of Directors approved a reduction of $2.50 per share in the exercise price of all outstanding stock options as a result of the special cash dividend of $2.50 per share paid by the Company in February 2014. The reduction in the exercise price was treated as a modification of the stock options for accounting purposes. The modification, based on the fair value of the options both immediately before and after the modification, resulted in a total of incremental compensation expense of $731 during the fourth quarter of the 2014 fiscal year, which was recorded in selling, general and administrative expenses.