Earnings Per Share	3 Months Ended
Jun. 26, 2022
Earnings Per Share
Earnings Per Share	Note 6. Earnings Per Share The Company presents the computation of earnings per share (“EPS”) on a basic and diluted basis. Basic EPS is computed by dividing net income by the weighted average number of shares outstanding during the reported period. Diluted EPS is computed similarly to basic EPS, except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential additional common shares that were dilutive had been issued. Common shares are excluded from the calculation if they are determined to be anti-dilutive. Diluted EPS was equal to basic EPS for the three-month period ended June 26, 2022 because the Company operated at a loss. The number of diluted weighted-average common shares would have been 9,167,381 for the three months ended June 26, 2022, if the Company was in a positive earning position. At June 26, 2022, stock options with respect to 709,500 shares of common stock were outstanding, of which 594,500 were anti-dilutive and not included in diluted EPS because the stock options’ exercise price was greater than the average market price of the common shares. There were no anti-dilutive performance stock units (“PSUs”) or restricted stock units (RSUs”) outstanding as of June 26, 2022.

Earnings Per Share

3 Months Ended

Jun. 26, 2022

Note 6. Earnings Per Share

The Company presents the computation of earnings per share (“EPS”) on a basic and diluted basis. Basic EPS is computed by dividing net income by the weighted average number of shares outstanding during the reported period. Diluted EPS is computed similarly to basic EPS, except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential additional common shares that were dilutive had been issued. Common shares are excluded from the calculation if they are determined to be anti-dilutive. Diluted EPS was equal to basic EPS for the three-month period ended June 26, 2022 because the Company operated at a loss. The number of diluted weighted-average common shares would have been 9,167,381 for the three months ended June 26, 2022, if the Company was in a positive earning position. At June 26, 2022, stock options with respect to 709,500 shares of common stock were outstanding, of which 594,500 were anti-dilutive and not included in diluted EPS because the stock options’ exercise price was greater than the average market price of the common shares. There were no anti-dilutive performance stock units (“PSUs”) or restricted stock units (RSUs”) outstanding as of June 26, 2022.