Note 10 - Earnings (Loss) Per Share

3 Months Ended

Mar. 02, 2024

Notes to Financial Statements

Earnings Per Share [Text Block]

10. Earnings (Loss) Per Share

The following reconciles basic and diluted earnings (loss) per share:

	Net Income (Loss)			Weighted Average Shares		Net Income (Loss) Per Share
For the quarter ended March 2, 2024:
Basic loss per share	$	(1,193	)		8,740,637	$	(0.14	)
Add effect of dilutive securities:
Restricted shares*		-			-		-
Diluted loss per share - continuing operations	$	(1,193	)		8,740,637	$	(0.14	)
For the quarter ended February 25, 2023:
Basic earnings per share	$	1,445			8,867,881	$	0.16
Add effect of dilutive securities:
Options and restricted shares		-			29,122		-
Diluted earnings per share	$	1,445			8,897,003	$	0.16

*Due to the net loss for the period, potentially dilutive securities would have been anti-dilutive and are therefore excluded.

For the three months ended March 2, 2024 and February 25, 2023, the following potentially dilutive shares were excluded from the computations as their effect was anti-dilutive:

	Quarter Ended
	March 2, 2024		February 25, 2023
Unvested shares		61,413		51,000