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Note 7 - (Loss) Income Per Share
 6 Months Ended
Jul. 01, 2017
Notes to Financial Statements  
Earnings Per Share [Text Block]
7.
(Loss) Income per Share
 
The Company uses the
two
-class method to compute basic and diluted (loss) income per common share. In periods of 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 (loss) income per share (in thousands, except share and per share data):
 
 
 
 
Thirteen weeks ended
 
 
Twenty-six weeks ended
 
 
 
July 1, 2017
 
 
July 2, 2016
 
 
July 1, 2017
 
 
July 2, 2016
 
                                 
NUMERATOR:                                
Net (loss) income before allocation of earnings to participating securities
  $
(1,533
 )   $
(4,301
 )   $
1,232
    $
(783
 )
Less: Earnings allocated to participating securities
   
-
     
-
     
18
     
-
 
Net (loss) income after allocation of earnings to participating securities
  $
(1,533
 )   $
(4,301
 )   $
1,214
    $
(783
 )
                                 
DENOMINATOR:                                
Weighted average number of common shares outstanding - basic
   
15,627,324
     
15,486,462
     
15,583,631
     
15,448,580
 
Dilutive effect of share-based awards:
   
-
     
-
     
189,420
     
-
 
Weighted average number of common shares outstanding - dilutive
   
15,627,324
     
15,486,462
     
15,773,051
     
15,448,580
 
Basic (loss) income per common share attributable to Build-A-Bear
Workshop, Inc. stockholders:
  $
(0.10
 )   $
(0.28
 )   $
0.08
    $
(0.05
 )
Diluted (loss) income per common share attributable to Build-A-Bear
Workshop, Inc. stockholders
  $
(0.10
 )   $
(0.28
 )   $
0.08
    $
(0.05
 )
 
In calculating diluted income per share for the
twenty-six
weeks ended
July 1, 2017,
options to purchase
314,231
shares of common stock that were outstanding at the end of the period were
not
included in the computation of diluted net loss per share due to their anti-dilutive effect. Due to the net loss for the
thirteen
week periods ended
July 1, 2017
and
July 2, 2016
and in the
twenty-six
week period ended
July 2, 2016,
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.