Note 10 - Earnings Per Share

6 Months Ended

Aug. 27, 2016

Notes to Financial Statements

Earnings Per Share [Text Block]

10) Earnings per Share

The Company presents earnings per share on a basic and diluted basis. Basic earnings per share has been computed by dividing net earnings by the weighted average number of shares outstanding. Diluted earnings per share has been computed by dividing net earnings by the weighted average number of shares outstanding, including the dilutive effect of stock-based awards as calculated under the treasury stock method.

Stock-based awards for the three and six months ended August 27, 2016 of approximately 4.3 million and 4.5 million, respectively, and August 29, 2015 of approximately 2.7 million and 2.1 million, respectively, were excluded from the computation of diluted earnings per share as the effect would be anti-dilutive.