Income per Share

The following table sets forth the computation of basic and diluted net income per share (in thousands, except share and per share data), in periods of net loss,

effect is given to the Company’s participating securities as they do

not

contractually participate in the losses of the Company:

	Thirteen weeks ended
	May 4,		May 5,
	2019		2018
NUMERATOR:

Net income (loss) before allocation of earnings to participating securities	$	1,197	$	354
Less: Earnings allocated to participating securities		-		2
Net income (loss)	$	1,197	$	352

DENOMINATOR:
Weighted average number of common shares outstanding - basic		14,612,575		14,582,573
Dilutive effect of share-based awards:		125,665		140,416
Weighted average number of common shares outstanding - dilutive		14,738,240		14,722,989
Basic income (loss) per common share attributable to Build-A-Bear Workshop, Inc. stockholders	$	0.08	$	0.02
Diluted income (loss) per common share attributable to Build-A-Bear Workshop, Inc. stockholders	$	0.08	$	0.02

In calculating diluted income per share for the

thirteen

week periods ended

May 4, 2019

and

May 5, 2018,

options to purchase

938,622

and

478,996;

respectively, shares 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.