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Earnings per Share | 12 Months Ended
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Feb. 25, 2023
Earnings Per Share [Abstract] |
Earnings per Share | Earnings per Share Basic earnings per share is computed by dividing net earnings by the weighted average number of common shares outstanding. Diluted earnings per share is computed by dividing net earnings by the weighted average number of common shares outstanding, including the dilutive effects of stock options, SARs and nonvested shares. The following table presents a reconciliation of the share amounts used in the computation of basic and diluted earnings per share:
(In thousands) |  | 2023 |  | 2022 |  | 2021
Basic earnings per share - weighted average common shares outstanding |  | 22,007 |  |  | 24,920 |  |  | 25,955 |
Weighted average effect of nonvested share grants and assumed exercise of stock options |  | 409 |  |  | 372 |  |  | 349 |
Diluted earnings per share - weighted average common shares and potential common shares outstanding |  | 22,416 |  |  | 25,292 |  |  | 26,304 |
Stock awards excluded from the calculation of earnings per share because the award price was greater than the average market price of the common shares |  | 97 |  |  | 1 |  |  | 111 |

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