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Earnings per Share (EPS)
9 Months Ended
Mar. 28, 2021
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
  
Nine Months Ended
 
  
March 28,
2021
  
March 29,
2020
  
March 28,
2021
  
March 29,
2020
 
Net income available to common stockholders
 
$
416
  
$
(4,515
)
 
$
594
  
$
(4,264
)
                 
BASIC:
                
Weighted average common shares
  
17,991
   
15,133
   
17,061
   
15,123
 
                 
Net income (loss) per common share
 
$
0.02
  
$
(0.30
)
 
$
0.03
  
$
(0.28
)
                 
DILUTED:
                
Weighted average common shares
  
17,991
   
15,133
   
17,061
   
15,123
 
Convertible notes
  
798
   
   
798
   
 
Dilutive stock options
  
   
   
   
 
Weighted average common shares outstanding
  
18,789
   
15,133
   
17,859
   
15,123
 
                 
Net income (loss) per common share
 
$
0.02
  
$
(0.30
)
 
$
0.03
  
$
(0.28
)

For the three and nine months ended March 28, 2021, 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 and nine months ended March 29, 2020, options to purchase 216,550 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.