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Note 11 - Earnings (Loss) Per Share
 12 Months Ended
Dec. 28, 2013
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

(11)

Loss Per Share


The Company uses the two-class method to compute basic and diluted earnings 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):


   

2013

   

2012

   

2011

 
                         

NUMERATOR:

                       
Net loss   $ (2,112 )   $ (49,295 )   $ (17,062 )
                         

DENOMINATOR:

                       

Weighted average number of common shares outstanding - basic

    16,465,138       16,331,672       17,371,315  
Dilutive effect of share-based awards:     -       -       -  

Weighted average number of common shares outstanding - dilutive

    16,465,138       16,331,672       17,371,315  

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

  $ (0.13 )   $ (3.02 )   $ (0.98 )

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

  $ (0.13 )   $ (3.02 )   $ (0.98 )

In calculating diluted earnings per share for fiscal 2013, 2012 and 2011, options to purchase 1,065,012; 1,155,239 and 1,210,816, respectively, shares of common stock were outstanding at the end of the period, but were not included in the computation of diluted earnings per share due to their anti-dilutive effect under provisions of ASC 260-10.


Due to the net loss in fiscal 2013, 2012 and 2011, the denominator for diluted earnings per common share is the same as the denominator for basic earnings per common share for those periods because the inclusion of stock options and unvested restricted shares would be anti-dilutive.