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Note 6 - Loss per Share
 9 Months Ended
Sep. 28, 2013
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

6. Loss per Share


The Company uses the two-class method to compute basic and diluted loss per common share. In periods of net loss, no effect is given to the Company’s participating securities as they do not contractually participate in the losses of the Company. The following table sets forth the computation of basic and diluted earnings per share (in thousands, except share and per share data):


   

Thirteen weeks ended

   

Thirty-nine weeks ended

 
   

September 28,

2013

   

September 29,

2012

   

September 28,

2013

   

September 29,

2012

 
                                 

NUMERATOR:

                               

Net loss before allocation of earnings to participating securities

  $ (1,354 )   $ (4,252 )   $ (7,559 )   $ (12,820 )

Less: Earnings allocated to participating securities

    -       -       -       -  

Net loss after allocation of earnings to participating securities

  $ (1,354 )   $ (4,252 )   $ (7,559 )   $ (12,820 )
                                 

DENOMINATOR:

                               

Weighted average number of common shares outstanding - basic

    16,531,240       16,473,114       16,407,668       16,323,630  

Dilutive effect of share-based awards:

    -       -       -       -  

Weighted average number of common shares outstanding - dilutive

    16,531,240       16,473,114       16,407,668       16,323,630  

Basic loss per common share attributable to Build-A-Bear Workshop, Inc. stockholders:

  $ (0.08 )   $ (0.26 )   $ (0.46 )   $ (0.79 )

Diluted loss per common share attributable to Build-A-Bear Workshop, Inc. stockholders

  $ (0.08 )   $ (0.26 )   $ (0.46 )   $ (0.79 )

For the thirteen and thirty-nine weeks ended September 28, 2013, options to purchase 1,152,800 shares of common stock were excluded from the denominator for diluted loss per common share because of their anti-dilutive effect. For the thirteen thirty-nine weeks ended September 29, 2012, options to purchase 1,166,350 shares of common stock were excluded from the denominator for diluted loss per common share because of their anti-dilutive effect.


Due to the net loss for thirteen and thirty-nine weeks ended September 28, 2013 and September 29, 2012, the denominator for diluted loss per common share is the same as the denominator for basic loss per common share for those periods because the inclusion of stock options and unvested restricted shares would be anti-dilutive.