XML 30 R20.htm IDEA: XBRL DOCUMENT v3.7.0.1
Earnings Per Share
3 Months Ended
Jul. 01, 2017
Earnings Per Share [Abstract]  
Earnings Per Share Text Block

10. Earnings per Common Share Earnings per share for the quarters ended July 1, 2017 and July 2, 2016 are as follows:

F I R S T Q U A R T E R
Fiscal Fiscal
(Thousands except per share amounts)20182017
Basic
Net loss$(839)$(62)
Deduct preferred stock dividends paid66
Undistributed loss(845)(68)
Loss attributable to participating preferred(6)(1)
Loss attributable to common shareholders$(839)$(67)
Weighted average common shares outstanding9,8149,808
Basic loss per common share $(0.09)$(0.01)
Diluted
Loss attributable to common shareholders$(839)$(67)
Add dividends on convertible preferred stock55
Loss attributable to common stock on a diluted basis$(834)$(62)
Weighted average common shares outstanding-basic9,8149,808
Additional shares issued related to the equity compensation plan32
Additional shares to be issued under full conversion of preferred stock6767
Total shares for diluted9,8849,877
Diluted loss per common share$(0.09)$(0.01)