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Note 10 - Earnings Per Common Share
3 Months Ended
Jun. 30, 2018
Notes to Financial Statements  
Earnings Per Share [Text Block]
10.
Loss per Common
Share
 
Loss per share for the quarters ended
June 30, 2018
and
July 1, 2017
are as follows:
 
   
Q U A R T E R
 
(Thousands, except share amounts)
 
Fiscal 2019
   
Fiscal 2018
 
                 
Basic
               
                 
Net loss
  $
(8,755
)   $
(842
)
Deduct preferred stock dividends paid
   
6
     
6
 
                 
Undistributed loss
   
(8,761
)    
(848
)
Loss attributable to participating preferred
   
(34
)    
(6
)
                 
Loss attributable to common shareholders
  $
(8,727
)   $
(842
)
                 
Weighted average common shares outstanding
   
9,744
     
9,814
 
                 
Basic loss per common share
  $
(0.90
)   $
(0.09
)
                 
Diluted
               
                 
Loss attributable to common shareholders
  $
(8,727
)   $
(842
)
Add dividends on convertible preferred stock
   
-
     
-
 
                 
Loss attributable to common stock on a diluted basis
  $
(8,727
)   $
(842
)
                 
Weighted average common shares outstanding-basic
   
9,744
     
9,814
 
Additional shares issued related to the equity compensation plan (1)
   
-
     
-
 
Additional shares to be issued under full conversion of preferred stock (1)
   
-
     
-
 
                 
Total shares for diluted
   
9,744
     
9,814
 
                 
Diluted loss per common share
  $
(0.90
)   $
(0.09
)
 
(
1
) Due to the equivalent stock units being dilutive, they are
not
included in the Earnings Per Share calculation.