Earnings Per Share

8 Months Ended

Sep. 08, 2015


2.	EARNINGS PER SHARE

Basic earnings per share (“EPS”) data is computed based on the weighted average number of shares of common stock outstanding during the periods. Diluted EPS data is computed based on the weighted average number of shares of common stock outstanding, including all potentially issuable shares of common stock. Diluted EPS for the 12 and 36 weeks ended September 8, 2015 excludes options to purchase 844,392 and 748,456 shares of common stock, respectively, which were outstanding during the periods, but were antidilutive. Diluted EPS for the 12 and 36 weeks ended September 9, 2014, excludes options to purchase 728,303 and 709,625 shares of common stock, respectively, which were outstanding during the periods but were antidilutive.

(dollars in thousands, except per share data)



	12 Weeks Ended				36 Weeks Ended
	September 8,		September 9,		September 8,		September 9,
	2015		2014		2015		2014
Net income (loss)	$	(1,035)	$	1,785	$	8,072	$	11,076
Shares:
Weighted average number of common shares outstanding		23,360,744		23,464,306		23,416,502		23,513,905
Dilutive shares		—		218,202		167,924		240,876
Total Diluted Shares		23,360,744		23,682,508		23,584,426		23,754,781

Basic earnings (loss) per common share	$	(0.04)	$	0.08	$	0.34	$	0.47
Diluted earnings (loss) per common share	$	(0.04)	$	0.08	$	0.34	$	0.47