Earnings Per Share

3 Months Ended

Sep. 30, 2018

Earnings Per Share

Earnings Per Share

NOTE 9 – Earnings Per Share

Net Income (Loss) Per Share – Basic and Diluted

Basic earnings per share is computed by dividing net income available to common stockholders by the weighted-average number of shares of common stock outstanding during each period.  Diluted earnings per share is computed by dividing net income available to common stockholders by the diluted weighted-average shares of common stock outstanding during each period.  As a result of the Company’s net loss from continuing operations, for the three months ended September 30, 2018 and October 1, 2017, approximately 45,362 and 146,634 shares, respectively, were considered anti-dilutive and were excluded from the computation of diluted earnings per share.