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Note 10 - Earnings Per Share

9 Months Ended

Jun. 29, 2024

Notes to Financial Statements

Earnings Per Share [Text Block]

(10) Earnings Per Share

The computation of basic and diluted earnings per share attributable to common shareholders is as follows:

		Three Months Ended								Nine Months Ended
		June 29,				July 1,				June 29,				July 1,
(In thousands, except per share amounts)		2024				2023				2024				2023
Net earnings		$	6,565			$	10,565			$	14,636			$	26,789

Basic weighted average shares outstanding			19,500				19,488				19,502				19,506
Dilutive effect of stock-based compensation			68				60				77				59
Diluted weighted average shares outstanding			19,568				19,548				19,579				19,565

Net earnings per share:
Basic		$	0.34			$	0.54			$	0.75			$	1.37
Diluted		$	0.34			$	0.54			$	0.75			$	1.37

Options and RSUs that were antidilutive and not included in the dilutive earnings per share calculation amounted to 40,000 and 65,000 shares for the three-month periods ended June 29, 2024, and July 1, 2023, respectively, and 34,000 and 76,000 shares for the nine-month periods ended June 29, 2024, and July 1, 2023, respectively.