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Net Loss per Share
6 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Note 8 - Net Loss per Share

The Company had a net loss for each of the 13 weeks and 26 weeks ended March 31, 2013 and April 1, 2012, and accordingly, there was no difference between basic and diluted loss per share in each of these periods.

 

The following table sets forth the computation of basic and diluted loss per common share:

 

   13 Weeks Ended  26 Weeks Ended
   March 31,
2013
  April 1,
2012
  March 31,
2013
  April 1,
2012
Net Loss Numerator:                    
Loss from continuing operations  $(8,400,000)  $(18,227,000)  $(9,017,000)  $(24,766,000)
Loss from discontinued operations   (1,191,000)   (848,000)   (2,738,000)   (2,559,000)
Gain on disposal of discontinued operations (net of $0 tax)   —      7,748,000         7,748,000 
Net loss  $(9,591,000)  $(11,327,000)   (11,755,000)  $(19,577,000)
                     
Net Loss Denominator:                    
Weighted average number of common shares outstanding, basic and diluted   153,688,000    119,037,000    147,541,000    116,376,000 
                     
Basic and diluted loss per share                    
Loss from continuing operations  $(0.05)  $(0.15)  $(0.06)  $(0.21)
Earnings (loss) from discontinued operations  $(0.01)  $0.05   $(0.02)  $0.04 
Net loss per share  $(0.06)  $(0.10)  $(0.08)  $(0.17)

 

Options, warrants and convertible instruments outstanding totaling 557,136,000 and 442,365,000 at March 31, 2013 and April 1, 2012 respectively, are not included in the above computation because the inclusion of such shares would be anti-dilutive.