Schedule of Computation of Basic and Diluted Net Earnings per Share |
The following table presents the computation of basic and diluted net income (loss) per share (in $000’s, except share and per–share data):
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For the Thirteen Weeks Ended |
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For the Twenty-Six Weeks Ended |
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July 1, 2023 |
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July 2, 2022 |
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July 1, 2023 |
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July 2, 2022 |
Continuing Operations |
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Basic |
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Net income (loss) from continuing operations |
$ |
79 |
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$ |
(227) |
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$ |
(583) |
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$ |
2,392 |
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Weighted average common shares outstanding |
3,665,887 |
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3,150,230 |
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3,432,374 |
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3,150,230 |
Basic income (loss) per share from continuing operations |
$ |
0.02 |
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$ |
(0.07) |
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$ |
(0.17) |
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$ |
0.76 |
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Diluted |
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Net income (loss) from continuing operations |
$ |
79 |
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$ |
(227) |
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$ |
(583) |
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$ |
2,392 |
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Weighted average common shares outstanding |
3,665,887 |
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3,496,250 |
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3,432,374 |
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3,496,250 |
Diluted income (loss) per share from continuing operations |
$ |
0.02 |
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$ |
(0.06) |
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$ |
(0.17) |
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$ |
0.68 |
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Discontinued Operations |
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Basic |
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Net income from discontinued operations |
$ |
44 |
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$ |
9,101 |
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$ |
10,790 |
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$ |
7,693 |
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Weighted average common shares outstanding |
3,665,887 |
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3,150,230 |
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3,432,374 |
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3,150,230 |
Basic income per share from discontinued operations |
$ |
0.01 |
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$ |
2.89 |
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$ |
3.14 |
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$ |
2.44 |
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Diluted |
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Net income from discontinued operations |
$ |
44 |
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$ |
9,101 |
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$ |
10,790 |
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$ |
7,693 |
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Weighted average common shares outstanding |
3,665,887 |
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3,496,250 |
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3,432,374 |
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3,496,250 |
Diluted income per share from discontinued operations |
$ |
0.01 |
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$ |
2.60 |
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$ |
3.14 |
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$ |
2.20 |
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Total |
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Basic |
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Net income |
$ |
123 |
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$ |
8,874 |
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$ |
10,207 |
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$ |
10,085 |
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Weighted average common shares outstanding |
3,665,887 |
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3,150,230 |
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3,432,374 |
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3,150,230 |
Basic income per share |
$ |
0.03 |
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$ |
2.82 |
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$ |
2.97 |
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$ |
3.20 |
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Diluted |
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Net income |
$ |
123 |
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$ |
8,874 |
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$ |
10,207 |
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$ |
10,085 |
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Weighted average common shares outstanding |
3,665,887 |
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3,496,250 |
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3,432,374 |
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3,496,250 |
Diluted income per share |
$ |
0.03 |
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$ |
2.54 |
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$ |
2.97 |
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$ |
2.88 |
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