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Note 10 - Net Income Per Share
 12 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
Earnings Per Share [Text Block]
(1
0
)
Net Income
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):
 
   
2016
    
2015
    
2014
  
NUMERATOR:
                        
Net income before allocation of earnings to p
articipating securities
 
$
1,377
    $
27,345
     $
14,362
  
Less: Earnings allocated to participating securities
  
 
29
     
520
      
439
  
Net income
  
$
1,348
    $
26,825
     $
13,923
  
                         
DENOMINATOR:
                        
Weighted average number of common shares o
utstanding - basic
 
 
15,442,086
     
16,642,269
      
16,908,001
  
Dilutive effect of share-based awards:
  
 
180,187
     
225,087
      
225,810
  
Weighted average number of common shares
outstanding - dilutive
 
 
15,622,273
     
16,867,356
      
17,133,811
  
Basic income per common share attributable to
Build-A-Bear Workshop, Inc. stockholders
 
$
0.09
    $
1.61
     $
0.82
  
Diluted income per common share attributable to
Build-A-Bear Workshop, Inc. stockholders
 
$
0.09
    $
1.59
     $
0.81
  
 
 
In calculating diluted earnings per share for fiscal
2016,
2015
and
2014
, options to purchase
264,717;
65,040;
and
44,144;
respectively, shares of common stock were outstanding at the end of the period, but were not included in the computation of diluted income per share due to their anti-dilutive effect under provisions of ASC
260
-
10.