(Loss) Income Per Share

3 Months Ended

May 28, 2016

4. (Loss) Income Per Share

Basic (loss) income per share is computed by dividing (loss) income available to common stockholders by the weighted average number of shares of common stock outstanding for the period. Diluted (loss) income per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the income of the Company subject to anti-dilution limitations.

	Thirteen Week Period Ended
	May 28, 2016			May 30, 2015
Numerator for (loss) income per share:
(Loss) income attributable to common stockholders—basic and diluted	$	(4,588	)	$	18,836

Denominator:
Basic weighted average shares	1,042,437			986,691
Outstanding options and restricted shares, net	—			22,461

Diluted weighted average shares	1,042,437			1,009,152

Basic and diluted (loss) income per share	$	(0.00	)	$	0.02

Due to their antidilutive effect, 36,860 and 0 potential common shares related to stock options have been excluded from the computation of diluted income per share as of May 28, 2016 and May 30, 2015, respectively. Also, excluded from the computation of diluted (loss) income per share as of May 28, 2016 and May 30, 2015 are restricted shares of 4,742 and 0, respectively, which are included in shares outstanding.

During the thirteen week period ended May 30, 2015, $64,089 of the Company’s 8.5% convertible notes due 2015 were converted into 24,762 shares of common stock, pursuant to their terms.