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Note 5 - Diluted Net Income Per Share
3 Months Ended
Aug. 27, 2017
Notes to Financial Statements  
Earnings Per Share [Text Block]
5
.
Diluted Net Income Per Share
 
The following table sets forth the computation of diluted net income per share
(in thousands, except per share amounts):
 
   
Three Months Ended
 
   
August 27
, 2017
   
August 28, 2016
 
Numerator:
               
Net income
applicable to Common Stockholders
  $
2,146
    $
3,312
 
                 
Denominator:
               
Weighted average shares for basic net income per share
   
27,506
     
27,219
 
Effect of dilutive securities:
               
Stock options and restricted stock units
   
352
     
302
 
Weighted average shares for diluted net income per share
   
27,858
     
27,521
 
                 
Diluted net income
per share
  $
0.08
    $
0.12
 
 
For the
three
months ended
August 27, 2017
the computation of the diluted net income per share excludes the impact of options to purchase
1.3
million of Common Stock as such impacts would be antidilutive for this period.