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Note 11 - Earnings (Loss) Per Share
3 Months Ended
Mar. 01, 2025
Notes to Financial Statements  
Earnings Per Share [Text Block]

11. 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 1, 2025:

                       
                         

Basic earnings per share

  $ 1,854       8,678,770     $ 0.21  

Add effect of dilutive securities:

                       

Restricted shares

    -       27,665       -  

Diluted earnings per share

  $ 1,854       8,706,435     $ 0.21  
                         
                         

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

  $ (1,193 )     8,740,637     $ (0.14 )

 

*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 1, 2025 and March 2, 2024, the following potentially dilutive shares were excluded from the computations as their effect was anti-dilutive:

 

   

Quarter Ended

 
   

March 1, 2025

   

March 2, 2024

 
                 

Unvested shares

    -       61,413