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Earnings per Share

9 Months Ended

Dec. 29, 2019

Earnings Per Share [Abstract]

Earnings per Share

Earnings per Share

Basic earnings per share (“EPS”) are computed by dividing net earnings by the weighted-average number of common shares outstanding. Diluted EPS includes the dilutive impact of incremental shares assumed to be issued as performance units and restricted stock. Basic and diluted EPS were calculated using the following:

						Three Months Ended																		Nine Months Ended
						December 29, 2019						December 30, 2018						December 29, 2019						December 30, 2018
Weighted-average common shares outstanding—basic						10,546,453						10,667,001						10,575,432						10,663,807
Dilutive impact of performance units and restricted stock						59,442						45,026						80,683						63,570
Weighted-average common shares outstanding—diluted						10,605,895						10,712,027						10,656,115						10,727,377

For each of the three and nine months ended December 29, 2019 and December 30, 2018, there were no shares excluded from the calculation of weighted-average common shares for diluted EPS.

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- References

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- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-URI http://asc.fasb.org/topic&trid=2144383

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