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Earnings Per Share (Tables)
3 Months Ended
May 27, 2017
Earnings Per Share [Abstract]  
Reconciliation of Numerators and Denominators used in Computing Earnings Per Share
The following is a reconciliation of the numerators and denominators used in computing earnings per share (in thousands, except per share amounts):
 
 
 
Thirteen Weeks Ended
 
 
May 27, 2017
 
May 28, 2016
Net income from continuing operations
 
$
7,997

 
$
10,088

Net income from continuing operations attributable to participating securities
 
139

 
176

Net income from continuing operations available to shareholders
 
$
7,858

 
$
9,912

 
 
 
 
 
Net income (loss) from discontinued operations
 
$
143

 
$
(462
)
Net income (loss) from discontinued operations attributable to participating securities
 
3

 
(9
)
Net income (loss) from discontinued operations available to shareholders
 
$
140

 
$
(453
)
Net income available to shareholders
 
$
7,998

 
$
9,459

Basic earnings per share:
 
 
 
 
Weighted-average number of common shares outstanding
 
40,274

 
41,769

Basic earnings per share:
 


 


Continued operations
 
$
0.20

 
$
0.24

Discontinued operations
 

 
(0.01
)
Basic earnings per share
 
$
0.20

 
0.23

Diluted earnings per share:
 
 
 
 
Weighted-average number of common shares outstanding
 
40,274

 
41,769

Dilutive effect of potential common shares(a)
 
88

 
121

Diluted weighted-average number of common shares outstanding
 
40,362

 
41,890

Diluted earnings per share:
 


 


Continued operations
 
$
0.20

 
$
0.24

Discontinued operations
 

 
(0.01
)
Diluted earnings per share
 
$
0.20

 
$
0.23

(a)
The computation of diluted earnings per share excludes options to purchase approximately 3.4 million and 3.0 million shares of common stock in the thirteen weeks ended May 27, 2017 and May 28, 2016, respectively, because the impact of such options would have been anti-dilutive.