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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
May 31, 2020
Jun. 02, 2019
Net sales $ 12,213 $ 14,950
Cost of sales 8,539 10,146
Gross profit 3,674 4,804
Selling, general and administrative expenses 1,630 1,922
Earnings from continuing operations 2,044 2,882
Interest and other income 656 948
Earnings from continuing operations before income taxes 2,700 3,830
Income tax provision (Note 9) 728 1,116
Net earnings from continuing operations 1,972 2,714
Loss from discontinued operations, net of tax (Note 11) (15) (127)
Net earnings $ 1,957 $ 2,587
Basic:    
Continuing operations (in dollars per share) $ 0.10 $ 0.13
Discontinued operations (in dollars per share)
Basic earnings per share (in dollars per share) $ 0.10 $ 0.13
Basic weighted average shares (in shares) 20,402 20,492
Diluted:    
Continuing operations (in dollars per share) $ 0.10 $ 0.13
Discontinued operations (in dollars per share)
Diluted earnings per share (in dollars per share) $ 0.10 $ 0.13
Diluted weighted average shares (in shares) 20,460 20,586