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Earnings per Common Share | 3 Months Ended
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Jun. 24, 2023
Earnings per Common Share [Abstract] |
Earnings per Common Share | Note 3 – Earnings per Common Share Basic earnings per common share amounts are calculated by dividing income available to common shareholders, after deducting preferred stock dividends, by the weighted average number of shares of common stock outstanding. Diluted earnings per common share amounts are calculated by dividing net income by the weighted average number of shares of common stock outstanding adjusted to give effect to potentially dilutive securities.
Earnings per Common Share |  | Three Months Ended
(thousands, except per share data) |  | June 24, 2023 |  | June 25, 2022
Numerator for earnings per common share calculation: |  |  |  |  |  |
Net income |  | $ | 8,829 |  | $ | 12,484
Less: Preferred stock dividends |  |  | (129) |  |  | (129)
Income available to common shareholders |  | $ | 8,700 |  | $ | 12,355
Denominator for earnings per common share calculation: |  |  |  |  |  |
Weighted average common shares - basic |  |  | 31,415 |  |  | 33,483
Effect of dilutive securities: |  |  |  |  |  |
Preferred stock |  |  | 460 |  |  | 460
Stock options |  |  | 1 |  |  | —
Restricted stock |  |  | 78 |  |  | 43
Weighted average common shares - diluted |  |  | 31,954 |  |  | 33,986
Basic earnings per common share |  | $ | 0.28 |  | $ | 0.37
Diluted earnings per common share |  | $ | 0.28 |  | $ | 0.37
Weighted average common share equivalents that have an anti-dilutive impact are excluded from the computation of diluted earnings per share.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI https://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
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