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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Nov. 28, 2021
Nov. 29, 2020
Nov. 28, 2021
Nov. 29, 2020
Net sales $ 13,864 $ 10,372 $ 41,076 $ 31,835
Cost of sales 10,028 7,819 27,357 22,970
Gross profit 3,836 2,553 13,719 8,865
Selling, general and administrative expenses 1,593 1,536 4,729 4,718
Restructuring charges (Note 9) 13 0 197 0
Earnings from continuing operations 2,230 1,017 8,793 4,147
Interest and other income 80 389 286 1,570
Earnings from continuing operations before income taxes 2,310 1,406 9,079 5,717
Income tax provision (Note 10) 569 369 2,571 1,557
Net earnings from continuing operations 1,741 1,037 6,508 4,160
Loss from discontinued operations, net of tax (Note 12) 0 (116) 0 (328)
Net earnings $ 1,741 $ 921 $ 6,508 $ 3,832
Basic:        
Continuing operations (in dollars per share) $ 0.09 $ 0.05 $ 0.32 $ 0.20
Discontinued operations (in dollars per share) 0 0 0 (0.01)
Basic earnings per share (in dollars per share) $ 0.09 $ 0.05 $ 0.32 $ 0.19
Basic weighted average shares (in shares) 20,450 20,381 20,410 20,388
Diluted:        
Continuing operations (in dollars per share) $ 0.08 $ 0.05 $ 0.32 $ 0.20
Discontinued operations (in dollars per share) 0 0 0 (0.01)
Diluted earnings per share (in dollars per share) $ 0.08 $ 0.05 $ 0.32 $ 0.19
Diluted weighted average shares (in shares) 20,503 20,434 20,566 20,442
Dividends declared per share (in dollars per share) $ 0.10 $ 0.10 $ 0.30 $ 0.30