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Note 4 - Diluted Net Income Per Share
 9 Months Ended
Mar. 01, 2015
Notes to Financial Statements  
Earnings Per Share [Text Block]
4.
Diluted Net Income Per Share
 
The following table calculates diluted net income per share (in thousands, except per share amounts):
 
   
Three Months
Ended
March 1, 2015
    
Three Months
Ended
February 23, 2014
    
Nine Months
Ended
March 1, 2015
    
Nine Months
Ended
February 23, 2014
  
Numerator:
                                
Net income applicable to Common Stockholders
   $ 3,772     $ 6,400     $ 9,348     $ 14,603  
                                 
Denominator:
                                
Weighted average shares for basic net income per share
     26,886       26,697       26,863       26,574  
Effect of dilutive securities:
                                
Stock options and restricted stock units
     477       427       451       519  
Weighted average shares for diluted net income per share
     27,363       27,124       27,314       27,093  
                                 
Diluted net income per share
  $ 0.14     $ 0.24     $ 0.34     $ 0.54  
 
For the three months ended March 1, 2015 and February 23, 2014, the computation of the diluted net income per share excludes the impact of options to purchase 390,657 shares and 342,500 shares of Common Stock, respectively, as such impacts would be antidilutive for these periods.
 
For the nine months ended March 1, 2015 and February 23, 2014, the computation of the diluted net income per share excludes the impact of options to purchase 349,076 shares and 332,037 shares of Common Stock, respectively, as such impacts would be antidilutive for these periods.