| Earnings Per Share [Text Block] |
11. Earnings Per Share
The following reconciles basic and diluted earnings per share:
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Net Income
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Weighted Average
Shares
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Net Income
Per Share
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| For the quarter ended February 25, 2023: |
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Basic earnings per share - continuing operations
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$ |
1,445 |
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8,867,881 |
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$ |
0.16 |
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| Add effect of dilutive securities: |
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Restricted shares
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- |
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29,122 |
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- |
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Diluted earnings per share - continuing operations
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$ |
1,445 |
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8,897,003 |
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$ |
0.16 |
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| For the quarter ended February 26, 2022: |
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Basic earnings per share - continuing operations
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$ |
4,291 |
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9,750,432 |
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$ |
0.44 |
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| Add effect of dilutive securities: |
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Options and restricted shares
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- |
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8,545 |
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- |
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Diluted earnings per share - continuing operations
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$ |
4,291 |
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9,758,977 |
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$ |
0.44 |
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Basic loss per share - discontinued operations
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$ |
1,282 |
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|
9,750,432 |
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$ |
0.13 |
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| Add effect of dilutive securities: |
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Options and restricted shares
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- |
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8,545 |
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- |
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Diluted loss per share - discontinued operations
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$ |
1,282 |
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9,758,977 |
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$ |
0.13 |
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For the three months ended February 25, 2023 and February 26, 2022, the following potentially dilutive shares were excluded from the computations as their effect was anti-dilutive:
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Quarter Ended
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February 25, 2023
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February 26, 2022
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Unvested shares
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51,000 |
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51,300 |
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