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Earnings per Share (EPS)
3 Months Ended
Sep. 27, 2020
Earnings per Share (EPS) [Abstract]  
Earnings per Share (EPS)
Note F - 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,
2020
  
September 29,
2019
 
Net income available to common stockholders
 
$
76
  
$
237
 
         
BASIC:
        
Weighted average common shares
  
15,451
   
15,106
 
         
Net income per common share
 
$
0.00
  
$
0.02
 
         
DILUTED:
        
Weighted average common shares
  
15,451
   
15,106
 
Convertible notes
  
798
   
815
 
Dilutive stock options
  
   
3
 
Weighted average common shares outstanding
  
16,249
   
15,924
 
         
Net income per common share
 
$
0.00
  
$
0.01
 

For the three months ended September 27, 2020, options to purchase 206,750 shares of common stock at exercise prices from $2.71 to $13.11 were excluded from the computation of diluted EPS because their inclusion would have been anti-dilutive. For the three months ended September 29, 2019, options to purchase 206,750 shares of common stock at exercise prices ranging from $2.71 to $13.11 were excluded from the computation of diluted EPS because their inclusion would have been anti-dilutive.