(7)	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				Six Months Ended
	December 29, 2019		December 23, 2018		December 29, 2019		December 23, 2018
Net income available to common stockholders	$	14	$	232	$	251	$	340
Interest saved on convertible notes of $1,614 at 4%	$	16	$	16	$	33	$	31
Adjusted net income	$	30	$	248	$	284	$	371

BASIC:
Weighted average common shares		15,129		15,071		15,106		15,068

Net income per common share	$	0.00	$	0.02	$	0.02	$	0.02

DILUTED:
Weighted average common shares		15,129		15,071		15,106		15,068
Convertible notes		800		833		815		833
Dilutive stock options		1		-		3		-
Weighted average common shares outstanding		15,930		15,904		15,924		15,901

Net income per common share	$	0.00	$	0.02	$	0.02	$	0.02

For the three and six months ended December 29, 2019, options to purchase 216,550 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 six months ended December 23, 2018, options to purchase 288,056 shares of common stock at exercise prices ranging from $1.55 to $13.11 were excluded from the computation of diluted EPS because their inclusion would have been anti-dilutive.