INCOME PER SHARE OF COMMON STOCK

6 Months Ended

Mar. 29, 2025

Basic earnings per share is computed by dividing net income (loss) attributable to Ark Restaurants Corp. by the weighted average number of common shares outstanding for the period. Our diluted earnings per share is computed similarly to basic earnings per share, except that it reflects the effect of common shares issuable upon exercise of stock options, using the treasury stock method in periods in which they have a dilutive effect.

A reconciliation of shares used in calculating earnings per basic and diluted share follows (amounts in thousands):


	13 Weeks Ended		26 Weeks Ended
	March 29, 2025	March 30, 2024	March 29, 2025	March 30, 2024
Basic	3,605	3,604	3,604	3,604
Effect of dilutive securities:
Stock options	—	—	—	—
Diluted	3,605	3,604	3,604	3,604

For the 13- and 26-week periods ended March 29, 2025, the dilutive effect of 423,750 options was not included in diluted earnings per share as their impact would be anti-dilutive.

For the 13- and 26-week periods ended March 30, 2024, the dilutive effect of 471,250 options was not included in diluted earnings per share as their impact would have been anti-dilutive.