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Earnings Per Share | 12 Months Ended
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Apr. 03, 2021
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share The following table sets forth the computation of basic and diluted earnings per share for fiscal years 2021, 2020 and 2019 (dollars in thousands, except per share amounts):
| Fiscal Year
| 2021 |  | 2020 |  | 2019
Net income | $ | 76,646 |  |  | $ | 75,066 |  |  | $ | 68,622 |
Weighted average shares outstanding: |  |  |  |  |
Basic | 9,189,052 |  |  | 9,129,639 |  |  | 9,080,878 |
Effect of dilutive securities | 104,082 |  |  | 139,145 |  |  | 187,859 |
Diluted | 9,293,134 |  |  | 9,268,784 |  |  | 9,268,737 |
Net income per share: |  |  |  |  |
Basic | $ | 8.34 |  |  | $ | 8.22 |  |  | $ | 7.56 |
Diluted | $ | 8.25 |  |  | $ | 8.10 |  |  | $ | 7.40 |
There were 19,440 anti-dilutive common stock equivalents excluded from the computation of diluted earnings per share for the year ended April 3, 2021, 23,336 for the year ended March 28, 2020 and 13,862 for the year ended March 30, 2019. In addition, 12,939 and 7,305 outstanding restricted share awards were excluded from the calculation of diluted earnings per share for the year ended April 3, 2021 and March 28, 2020, respectively, as the underlying performance criteria had not yet been met.

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