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Earnings per Share (EPS)
 3 Months Ended
Sep. 27, 2015
Earnings per Share (EPS)  
Earnings per Share (EPS)

(4)

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

 

 

 

 

September 27,

 

 

September 28,

 

 

 

 

2015

 

 

2014

 

 

Loss from continuing operations

 

$

(520

)

 

$

(238

)

 

Loss from discontinued operations

 

 

(37

)

 

 

(28

)

 

Net loss available to common stockholders

 

$

(557

)

 

$

(266

)

 

 

 

 

 

 

 

 

 

 

 

BASIC:

 

 

 

 

 

 

 

 

 

Weighted average common shares

 

 

10,342

 

 

 

9,291

 

 

 

 

 

 

 

 

 

 

 

 

Loss from continuing operations per common share

 

$

(0.05

)

 

$

(0.03

)

 

Loss from discontinued operations per common share

 

 

-

 

 

 

-

 

 

Net loss per common share

 

$

(0.05

)

 

$

(0.03

)

 

 

 

 

 

 

 

 

 

 

 

DILUTED:

 

 

 

 

 

 

 

 

 

Weighted average common shares

 

 

10,342

 

 

 

9,291

 

 

Stock options

 

 

612

 

 

 

574

 

 

Weighted average common shares outstanding

 

 

10,954

 

 

 

9,865

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss from continuing operations per common share

 

$

(0.05

)

 

$

(0.03

)

 

Loss from discontinued operations per common share

 

 

-

 

 

 

-

 

 

Net loss per common share

 

$

(0.05

)

 

$

(0.03

)

 

 

 

For the three months ended September 27, 2015, options to purchase 24,286 shares of common stock at an exercise price of $13.11 were excluded from the computation of diluted EPS because the options’ exercise price exceeded the average market price of the common shares for the period.