(Loss) Earnings Per Share

The following table presents the computation of basic (loss) earnings per share (in thousands, except per share amounts):



	Three Months Ended
	September 24, 2017			September 25, 2016
Net (loss) income		($19,857	)		$566
Weighted average common shares	97,811			100,559
Basic (loss) earnings per share		($0.20	)		$0.01

The following computation reconciles the differences between the basic and diluted (loss) earnings per share presentations (in thousands, except per share amounts):



	Three Months Ended
	September 24, 2017			September 25, 2016
Net (loss) income		($19,857	)		$566
Weighted average common shares - basic	97,811			100,559
Dilutive effect of stock options, nonvested shares and Employee Stock Purchase Plan purchase rights	—			—
Weighted average common shares - diluted	97,811			100,559
Diluted (loss) earnings per share		($0.20	)		$0.01

Potential common shares that would have the effect of increasing diluted earnings per share or decreasing diluted loss per share are considered to be anti-dilutive and as such, these shares are not included in calculating diluted earnings per share. For the three months ended September 24, 2017, there were 10.1 million of potential common shares not included in the calculation of diluted (loss) earnings per share because their effect was anti-dilutive. For the three months ended September 25, 2016, there were 11.4 million of potential common shares not included in the calculation of diluted (loss) earnings per share because their effect was anti-dilutive.