| Earnings Per Share [Text Block] |
11. Earnings Per Share
Basic earnings per common share is computed by dividing net income allocable to common shares by the weighted average number of common shares outstanding, adjusted for participating securities, if any. 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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Earnings Per
Share
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For the quarter ended August 29, 2026
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Basic earnings per share
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$ |
2,101 |
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8,605,457 |
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$ |
0.24 |
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Add effect of dilutive securities:
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Restricted shares
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- |
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33,658 |
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- |
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Diluted earnings per share
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$ |
2,101 |
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8,639,115 |
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$ |
0.24 |
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For the quarter ended August 30, 2025
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Basic earnings per share
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$ |
801 |
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8,650,651 |
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$ |
0.09 |
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Add effect of dilutive securities:
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Restricted shares
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- |
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24,564 |
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- |
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Diluted earnings per share
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$ |
801 |
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8,675,215 |
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$ |
0.09 |
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For the Nine Months Ended August 29, 2026
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Basic earnings per share
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$ |
5,256 |
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8,613,154 |
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$ |
0.61 |
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Add effect of dilutive securities:
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Restricted shares
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- |
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24,261 |
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- |
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Diluted earnings per share
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$ |
5,256 |
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8,637,415 |
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$ |
0.61 |
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For the Nine Months Ended August 30, 2025
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Basic earnings per share
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$ |
4,573 |
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8,665,776 |
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$ |
0.53 |
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Add effect of dilutive securities:
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Restricted shares
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- |
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22,172 |
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- |
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Diluted earnings per share
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$ |
4,573 |
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8,687,948 |
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$ |
0.53 |
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For the three and nine months ended August 29, 2026 and August 30, 2025, 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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Nine Months Ended
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August 29, 2026
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August 30, 2025
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August 29, 2026
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August 30, 2025
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Unvested shares
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3,000 |
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- |
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30,856 |
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- |
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