Note 10 - Earnings Per Share

6 Months Ended

Mar. 30, 2024

Notes to Financial Statements

Earnings Per Share [Text Block]

(10) Earnings Per Share

The computation of basic and diluted earnings per share attributable to common shareholders is as follows:

	Three Months Ended				Six Months Ended
	March 30,		April 1,		March 30,		April 1,
(In thousands, except per share amounts)	2024		2023		2024		2023
Net earnings	$	6,939	$	5,101	$	8,071	$	16,224
Basic weighted average shares outstanding		19,508		19,503		19,503		19,514
Dilutive effect of stock-based compensation		86		59		81		59
Diluted weighted average shares outstanding	$	19,594	$	19,562	$	19,584	$	19,573
Net earnings per share:
Basic	$	0.36	$	0.26	$	0.41	$	0.83
Diluted	$	0.35	$	0.26	$	0.41	$	0.83

Options and RSUs that were antidilutive and not included in the dilutive earnings per share calculation amounted to 22,000 and 70,000 shares for the three-month periods ended March 30, 2024, and April 1, 2023, respectively, and 31,000 and 82,000 shares for the six-month periods ended March 30, 2024, and April 1, 2023, respectively.