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Earnings Per Share (EPS)
6 Months Ended
Dec. 29, 2013
Earnings Per Share:  
Earnings Per Share

(5)

Earnings per Share (EPS)

 

The following table shows the reconciliation of the numerator and denominator of the basic EPS calculation to the numerator and denominator of the diluted EPS calculation (in thousands, except per share amounts).

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

December 29,

 

 

December 23,

 

 

December 29,

 

 

December 23,

 

 

 

2013

 

 

2012

 

 

2013

 

 

2012

 

Loss from continuing operations

 

$

(385

)

 

$

(108

)

 

$

(723

)

 

$

(151

)

Discontinued operations

 

 

(12

)

 

 

(12

)

 

 

(25

)

 

 

(27

)

Net loss available to common stockholders

 

$

(397

)

 

$

(120

)

 

$

(748

)

 

$

(178

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BASIC:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares

 

 

8,615

 

 

 

8,021

 

 

 

8,510

 

 

 

8,021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss from continuing operations per share

 

$

(0.04

)

 

$

(0.01

)

 

$

(0.08

)

 

$

(0.02

)

Discontinued operations per common share

 

 

(0.01

)

 

 

-

 

 

 

(0.01

)

 

 

-

 

Net loss per common share

 

$

(0.05

)

 

$

(0.01

)

 

$

(0.09

)

 

$

(0.02

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

DILUTED:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares

 

 

8,615

 

 

 

8,021

 

 

 

8,510

 

 

 

8,021

 

Dilutive stock options

 

 

631

 

 

 

163

 

 

 

605

 

 

 

151

 

Weighted average common shares outstanding

 

 

9,246

 

 

 

8,184

 

 

 

9,115

 

 

 

8,172

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss from continuing operations per share

 

$

(0.04

)

 

$

(0.01

)

 

$

(0.08

)

 

$

(0.02

)

Discontinued operations per common share

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Loss per common share

 

$

(0.04

)

 

$

(0.01

)

 

$

(0.08

)

 

$

(0.02

)

 

For the three months and six months ended December 29, 2013, no options to purchase shares of common stock were excluded from the computation of diluted EPS because the options’ exercise prices exceeded the average market price of the common shares for the period.