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Earnings Per Share
6 Months Ended
Mar. 09, 2016
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
 
Basic net income per share is computed by dividing net income available to common shareholders by the weighted average number of common shares outstanding and unvested restricted stock for the reporting period. Diluted net 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. For the calculation of diluted net income per share, the basic weighted average number of shares is increased by the dilutive effect of stock options determined using the treasury stock method. Stock options excluded from the computation of net income per share for the two quarters ended March 9, 2016 include approximately 233,000 shares with exercise prices exceeding market prices and approximately 105,000 shares whose inclusion would also be anti-dilutive. 

The components of basic and diluted net income per share are as follows:
 
 
Quarter Ended
 
Two Quarters Ended
 
March 9,
2016
 
February 11,
2015
 
March 9,
2016
 
February 11,
2015
 
(12 weeks)
 
(12 weeks)
 
(28 weeks)
 
(24 weeks)
 
(In thousands, expect per share data)
Numerator:
 
 
 
 
 
 
 
Loss from continuing operations
$
(582
)
 
$
(1,285
)
 
$
(2,321
)
 
$
(4,165
)
Loss from discontinued operations, net of income taxes
(17
)
 
(74
)
 
(89
)
 
(213
)
NET LOSS
$
(599
)
 
$
(1,359
)
 
$
(2,410
)
 
$
(4,378
)
Denominator:
 
 
 
 
 
 
 
Denominator for basic earnings per share—weighted-average shares
29,247

 
28,921

 
29,182

 
28,906

Effect of potentially dilutive securities:
 
 
 
 
 
 
 
Employee and non-employee stock options

 

 

 

Denominator for earnings per share assuming dilution
29,247

 
28,921

 
29,182

 
28,906

Loss per share from continuing operations:
 
 
 
 
 
 
 
Basic
$
(0.02
)
 
$
(0.04
)
 
$
(0.08
)
 
$
(0.14
)
Assuming dilution
$
(0.02
)
 
$
(0.04
)
 
$
(0.08
)
 
$
(0.14
)
Loss per share from discontinued operations:
 
 
 
 
 
 
 
Basic
$
(0.00
)
 
$
(0.01
)
 
$
(0.00
)
 
$
(0.01
)
Assuming dilution
$
(0.00
)
 
$
(0.01
)
 
$
(0.00
)
 
$
(0.01
)
Net loss per share:
 
 
 
 
 
 
 
Basic
$
(0.02
)
 
$
(0.05
)
 
$
(0.08
)
 
$
(0.15
)
Assuming dilution
$
(0.02
)
 
$
(0.05
)
 
$
(0.08
)
 
$
(0.15
)