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Earnings per Share (EPS)
 9 Months Ended
Mar. 26, 2017
Earnings per Share (EPS)  
Earnings per Share (EPS)

(6)

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

 

Nine Months Ended

 

March 26,

 

March 27,

 

March 26,

 

March 27,

 

2017

 

2016

 

2017

 

2016

Loss from continuing operations

 $            (1,962)

 

 $            (1,191)

 

 $          (11,385)

 

 $            (6,518)

Income (loss) from discontinued operations

                        -

 

                    (39)

 

                       2

 

                    (99)

Net loss available to common stockholders

 $            (1,962)

 

 $            (1,230)

 

 $          (11,383)

 

 $            (6,617)

 

 

 

 

 

 

 

 

BASIC:

 

 

 

 

 

 

 

Weighted average common shares

10,657

 

10,315

 

10,602

 

10,312

 

 

 

 

 

 

 

 

Loss from continuing operations per common share

 $              (0.18)

 

 $              (0.12)

 

 $              (1.07)

 

 $              (0.63)

Income (loss) from discontinued operations per common share

                      -   

 

                      -   

 

                      -   

 

                 (0.01)

Net loss per common share

 $              (0.18)

 

 $              (0.12)

 

 $              (1.07)

 

 $              (0.64)

 

 

 

 

 

 

 

 

DILUTED:

 

 

 

 

 

 

 

Weighted average common shares

              10,657

 

              10,315

 

              10,602

 

              10,312

Stock options

                        -

 

                        -

 

                        -

 

                        -

Weighted average common shares outstanding

              10,657

 

              10,315

 

              10,602

 

              10,312

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss from continuing operations per common share

 $              (0.18)

 

 $              (0.12)

 

 $              (1.07)

 

 $              (0.63)

Income (loss) from discontinued operations per common share

                      -   

 

                      -   

 

                      -   

 

                 (0.01)

Net loss per common share

 $              (0.18)

 

 $              (0.12)

 

 $              (1.07)

 

 $              (0.64)

 

For the three and nine months ended March 26, 2017, options to purchase 358,056 shares of common stock were excluded from the computation of diluted EPS because they would have an anti-dilutive effect due to the net losses incurred. For the three and nine months ended March 25, 2016, options to purchase 563,537 were excluded for the same reason.