12.	Earnings Per Share

Basic and diluted earnings per share (“EPS”) are computed by dividing the net income attributable to EEI common shareholders by the weighted average number of common shares outstanding for the period. After consideration of all the rights and privileges of the Class A and Class B stockholders (defined in Note 11 of these condensed consolidated financial statements), the Company allocates undistributed earnings between the classes on a one-to-one basis when computing earnings per share. As a result, basic and fully diluted earnings per Class A and Class B share are equal amounts.

The Company has determined that its unvested share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents (whether paid or unpaid) are participating securities. These securities are included in the computation of earnings per share pursuant to the two-class method. As a result, unvested restricted shares are included in the weighted average shares outstanding calculation.

The computation of earnings per share is included in the following table.

	Three Months Ended
	November 2, 2019			October 27, 2018
	(in thousands, except share and per share amounts)

Net loss attributable to Ecology and Environment Inc.	$	(1,527	)	$	(120	)
Dividends declared		---			---
Balance at end of period	$	(1,527	)	$	(120	)

Weighted-average common shares outstanding - basic and diluted		4,329,858			4,313,930

Distributed earnings per share - basic and diluted	$	---		$	---
Undistributed (losses) earnings per share - basic and diluted		(0.35	)		(0.03	)
Net income per common share - basic and diluted	$	(0.35	)	$	(0.03	)