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Earnings per Share (EPS)
3 Months Ended
Sep. 25, 2016
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 25,

 

 

September 27,

 

 

 

2016

 

 

2015

 

Loss from continuing operations

 

$

(1,479

)

 

$

(520

)

Loss from discontinued operations

 

 

(17

)

 

 

(37

)

Net loss available to common stockholders

 

$

(1,496

)

 

$

(557

)

 

 

 

 

 

 

 

 

 

BASIC:

 

 

 

 

 

 

 

 

Weighted average common shares

 

 

10,469

 

 

 

10,342

 

 

 

 

 

 

 

 

 

 

Loss from continuing operations per common share

 

$

(0.14

)

 

$

(0.05

)

Loss from discontinued operations per common share

 

 

-

 

 

 

-

 

Net loss per common share

 

$

(0.14

)

 

$

(0.05

)

 

 

 

 

 

 

 

 

 

DILUTED:

 

 

 

 

 

 

 

 

Weighted average common shares

 

 

10,469

 

 

 

10,342

 

Stock options

 

 

100

 

 

 

612

 

Weighted average common shares outstanding

 

 

10,569

 

 

 

10,954

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss from continuing operations per common share

 

$

(0.14

)

 

$

(0.05

)

Loss from discontinued operations per common share

 

 

-

 

 

 

-

 

Net loss per common share

 

$

(0.14

)

 

$

(0.05

)

 

For the three months ended September 25, 2016, options to purchase 236,250 shares of common stock at an exercise prices ranging from $3.95 to $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.