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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Nov. 29, 2020
Dec. 01, 2019
Nov. 29, 2020
Dec. 01, 2019
Net sales $ 10,372 $ 15,847 $ 31,835 $ 44,520
Cost of sales 7,819 10,825 22,970 30,881
Gross profit 2,553 5,022 8,865 13,639
Selling, general and administrative expenses 1,536 1,949 4,718 5,785
Earnings from continuing operations 1,017 3,073 4,147 7,854
Interest and other income 389 802 1,570 2,613
Earnings from continuing operations before income taxes 1,406 3,875 5,717 10,467
Income tax provision (Note 9) 369 1,069 1,557 2,895
Net earnings from continuing operations 1,037 2,806 4,160 7,572
Loss from discontinued operations, net of tax (Note 11) (116) (360) (328) (404)
Net earnings $ 921 $ 2,446 $ 3,832 $ 7,168
Basic:        
Continuing operations (in dollars per share) $ 0.05 $ 0.14 $ 0.20 $ 0.37
Discontinued operations (in dollars per share) 0 (0.02) (0.01) (0.02)
Basic earnings per share (in dollars per share) $ 0.05 $ 0.12 $ 0.19 $ 0.35
Basic weighted average shares (in shares) 20,381 20,518 20,388 20,503
Diluted:        
Continuing operations (in dollars per share) $ 0.05 $ 0.14 $ 0.20 $ 0.37
Discontinued operations (in dollars per share) 0 (0.02) (0.01) (0.02)
Diluted earnings per share (in dollars per share) $ 0.05 $ 0.12 $ 0.19 $ 0.35
Diluted weighted average shares (in shares) 20,434 20,617 20,442 20,601
Cash dividends, per share (in dollars per share) $ 0.10 $ 0.10 $ 0.30 $ 0.30