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Earnings Per Share (Tables)
3 Months Ended
Jun. 25, 2016
Earnings Per Share [Abstract]  
Reconciliation Of Basic And Diluted Earnings Per Share



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended

 

 

Fiscal June

 

 

2016

 

2015

 

 

(Dollars in thousands,

 

 

except per share data)

Numerator for earnings per common share calculation:

 

 

 

 

 

 

Net Income

 

$

16,755 

 

$

18,799 

Preferred stock dividends

 

 

(129)

 

 

(114)

Income available to common stockholders

 

$

16,626 

 

$

18,685 

Denominator for earnings per common share calculation:

 

 

 

 

 

 

Weighted average common shares, basic

 

 

32,258 

 

 

31,855 

Effect of dilutive securities:

 

 

 

 

 

 

Preferred stock

 

 

760 

 

 

760 

Stock options

 

 

309 

 

 

493 

Weighted average number of common shares, diluted

 

 

33,327 

 

 

33,108 

Basic Earnings per common share:

 

$

.52

 

$

.59

Diluted Earnings per common share:

 

$

.50

 

$

.57