XML 21 R11.htm IDEA: XBRL DOCUMENT v3.8.0.1
Income (Loss) Per Share
3 Months Ended
Jun. 02, 2018
Income (Loss) Per Share  
Income (Loss) Per Share

 

4. Income (Loss) Per Share

 

Basic income (loss) per share is computed by dividing income available to common stockholders by the weighted average number of shares of common stock outstanding for the period. Diluted income (loss) 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

 

 

 

June 2,
2018

 

June 3,
2017

 

Basic and diluted income (loss) per share:

 

 

 

 

 

Numerator:

 

 

 

 

 

Net loss from continuing operations

 

$

(41,727

)

$

(36,037

)

Net income (loss) from discontinued operations

 

256,143

 

(39,312

)

 

 

 

 

 

 

Income (loss) attributable to common stockholders— basic and diluted

 

$

214,416

 

$

(75,349

)

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

Basic weighted average shares

 

1,054,381

 

1,046,826

 

Outstanding options and restricted shares, net

 

 

 

 

 

 

 

 

 

Diluted weighted-average shares

 

1,054,381

 

1,046,826

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted income (loss) per share:

 

 

 

 

 

Continuing operations

 

$

(0.04

)

$

(0.03

)

Discontinued operations

 

0.24

 

(0.04

)

 

 

 

 

 

 

Net basic and diluted income (loss) per share

 

$

0.20

 

$

(0.07

)

 

 

 

 

 

 

 

 

 

Due to their antidilutive effect, 25,768 and 33,747 potential common shares related to stock options have been excluded from the computation of diluted income (loss) per share for the thirteen week period ended June 2, 2018 and June 3, 2017, respectively. Also, excluded from the computation of diluted income (loss) per share as of June 2, 2018 and June 3, 2017 are restricted shares of 11,339 and 5,623, respectively, which are included in shares outstanding.