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CALCULATION OF EARNINGS PER SHARE (Tables)
 3 Months Ended
Aug. 27, 2016
Loss per share:  
Calculation of earnings per share

The earnings per share (“EPS”) presented in our unaudited consolidated statements of comprehensive loss are based on the following amounts (in thousands, except per share amounts):

   For the Three Months Ended
   August 27, 2016  August 29, 2015
    Basic    Diluted    Basic    Diluted 
Numerator for Basic and Diluted EPS:                    
Net loss  $(2,850)  $(2,850)  $(1,399)  $(1,399)
Less dividends:                    
Common stock   641    641    690    690 
Class B common stock   116    116    116    116 
Undistributed losses  $(3,607)  $(3,607)  $(2,205)  $(2,205)
Common stock undistributed losses  $(3,057)  $(3,057)  $(1,888)  $(1,888)
Class B common stock undistributed losses   (550)   (550)   (317)   (317)
Total undistributed losses  $(3,607)  $(3,607)  $(2,205)  $(2,205)
Denominator for basic and diluted EPS:                    
Common stock weighted average shares   10,703    10,703    11,486    11,486 
Class B common stock weighted average shares, and shares under if-converted method for diluted EPS   2,141    2,141    2,141    2,141 
Effect of dilutive securities                    
Dilutive stock options        —           —   
Denominator for diluted EPS adjusted for weighted average shares and assumed conversions        12,844         13,627 
Net loss per share:                    
Common stock  $(0.23)  $(0.23)  $(0.10)  $(0.10)
Class B common stock  $(0.20)  $(0.20)  $(0.10)  $(0.10)

Note: Common stock options that were anti-dilutive and not included in diluted earnings per common share for the first quarter of fiscal 2017 and fiscal 2016 were 838 and 888, respectively.