Income

per Share

The Company uses the

two

-class method to compute basic and diluted

income per common share. The following table sets forth the computation of basic and diluted income per share (in thousands, except share and per share data):

	Thirteen weeks ended
	April 1, 2017		April 2, 2016

NUMERATOR:
Net income before allocation of earnings to participating securities	$	2,765	$	3,518
Less: Earnings allocated to participating securities		59		73
Net income after allocation of earnings to participating securities	$	2,706	$	3,445

DENOMINATOR:
Weighted average number of common shares outstanding - basic		15,539,939		15,410,699
Dilutive effect of share-based awards		169,652		181,648
Weighted average number of common shares outstanding - dilutive		15,709,591		15,592,347
Basic income per common share attributable to Build-A-Bear Workshop, Inc. stockholders:	$	0.17	$	0.22
Diluted income per common share attributable to Build-A-Bear Workshop, Inc. stockholders	$	0.17	$	0.22

In calculating diluted earnings per share for the

thirteen

week periods ended

April

2017

and

April

2016,

options to purchase

287,385

shares and

154,655

shares, respectively, of common stock that were outstanding at the end of the period were not included in the computation of diluted income per share due to their anti-dilutive effect.