(

)

Loss Per Share

Basic loss per share (EPS) is calculated by dividing net income or loss by the weighted average common shares outstanding during the period. Diluted EPS reflects the net incremental shares that would be issued if unvested restricted shares became vested and dilutive outstanding stock options were exercised, using the treasury stock method. In the case of a net loss, it is assumed that

incremental shares would be issued because they would be antidilutive. In addition, certain options are considered antidilutive because assumed proceeds from exercise price, related tax benefits and average future compensation was greater than the weighted average number of options outstanding multiplied by the average market price during the period. Shares excluded from the diluted EPS calculation because they would be anti-dilutive are as follows:

	Three Months Ended
(In thousands )	June 30, 2018		June 24, 2017
(in thousands):
Common shares issuable upon exercise of stock options		1,498		1,104
Restricted stock awards		262		350
Issuable shares for interest on loan		25		60
Common shares issuable upon conversion of convertible preferred stock		7,113		1,853
Common shares issuable upon exercise of warrants		3,960		3,737

The stock options, restricted stock, convertible preferred stocks and warrants

not

included in the computation of diluted earnings per share (EPS) for the

three

month period ended

June 30, 2018

and

June 24, 2017

is a result of the Company’s net loss and, therefore, the effect of these instruments would be anti-dilutive.