Note 12 - Earnings Per Share

9 Months Ended

Nov. 25, 2017

Notes to Financial Statements

Earnings Per Share [Text Block]

12

) 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

nine

months ended

November 25, 2017

of approximately

8.3

million and

7.9

million, respectively, and

November 26, 2016

of approximately

4.3

million and

4.5

million, respectively, were excluded from the computation of diluted earnings per share as the effect would be anti-dilutive.