Note 3 - Loss per Share

3 Months Ended

Jun. 29, 2014

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

3.            Loss per Share

Loss per share, basic, is computed based on the weighted average number of common shares outstanding for the period. Loss per share, diluted, is computed based on the weighted average number of common and potentially dilutive common equivalent shares outstanding for the period. A reconciliation of the numerators and denominators of the basic and diluted loss per share computations are illustrated below:

	13 weeks ended
	June 29, 2014			June 30, 2013
	(in thousands, except per share amounts)
Net loss	$	(1,844	)	$	(2,846	)
Weighted average number of common shares outstanding		14,190			14,190
Basic and diluted loss per share	$	(0.13	)	$	(0.20	)

Options to purchase an aggregate of 2.1 million shares for the 13 weeks ended June 29, 2014 and an aggregate of 2.2 million shares for the 13 weeks ended June 30, 2013 are excluded from the computation of diluted loss per share as their effect would have been anti-dilutive.