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Note 3 - Earnings Per Share | 3 Months Ended
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Jun. 28, 2025
Notes to Financial Statements |
Earnings Per Share [Text Block] |
3. | Earnings per Common Share
Earnings per share for the three months ended June 28, 2025 and June 29, 2024 are as follows (in thousands, except per share amounts):
|  | Three Months Ended |
|  | June 28, |  |  | June 29, |
|  | 2025 |  |  | 2024 |
Basic |  |  |  |  |  |  |  |
Net earnings |  | $ | 14,885 |  |  | $ | 12,661 |
Deduct preferred stock dividends |  |  | 6 |  |  |  | 6 |
Undistributed net earnings |  |  | 14,879 |  |  |  | 12,655 |
Earnings attributable to participating preferred shareholders |  |  | 17 |  |  |  | 15 |
Earnings attributable to common shareholders |  | $ | 14,862 |  |  | $ | 12,640 |
Weighted average common shares outstanding |  |  | 6,882 |  |  |  | 6,962 |
Basic earnings per common share |  | $ | 2.16 |  |  | $ | 1.82 |
Diluted |  |  |  |  |  |  |  |
Earnings attributable to common shareholders |  | $ | 14,862 |  |  | $ | 12,640 |
Add dividends on convertible preferred stock |  |  | 5 |  |  |  | 5 |
Earnings attributable to common stock on a diluted basis |  | $ | 14,867 |  |  | $ | 12,645 |
Weighted average common shares outstanding - basic |  |  | 6,882 |  |  |  | 6,962 |
Additional shares to be issued under full conversion of preferred stock |  |  | 67 |  |  |  | 67 |
Total shares for diluted |  |  | 6,949 |  |  |  | 7,029 |
Diluted earnings per common share |  | $ | 2.14 |  |  | $ | 1.80 |

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