EARNINGS (LOSS) PER SHARE

The Company's unvested stock awards that contain non-forfeitable rights to dividends or dividend equivalents, whether paid or unpaid, are considered participating securities and are included in the computation of earnings (loss) per share. Accounting guidance requires additional disclosure of earnings (loss) per share for common stock and unvested share-based payment awards, separately disclosing distributed and undistributed earnings. Undistributed earnings represent earnings that were available for distribution but were not distributed. Common stock and unvested share-based payment awards earn dividends equally. All earnings were undistributed in all periods presented.

The following table sets forth the computation of basic and diluted earnings (loss) per share from continuing operations:



	Three Months Ended						Nine Months Ended
	September 28, 2019			September 29, 2018			September 28, 2019			September 29, 2018
Basic earnings (loss) per share:
Loss from continuing operations	$	(2,577	)	$	(2,922	)	$	(10,399	)	$	(7,779	)
Less: Allocation of earnings to participating securities	—			—			—			—
Loss from continuing operations available to common shareholders - basic	$	(2,577	)	$	(2,922	)	$	(10,399	)	$	(7,779	)
Basic weighted-average shares outstanding (1)	15,899			15,786			15,864			15,754
Basic earnings (loss) per share - continuing operations	$	(0.16	)	$	(0.19	)	$	(0.66	)	$	(0.49	)

Diluted earnings (loss) per share:
Loss from continuing operations available to common shareholders - basic	$	(2,577	)	$	(2,922	)	$	(10,399	)	$	(7,779	)
Add: Undistributed earnings reallocated to unvested shareholders	—			—			—			—
Loss from continuing operations available to common shareholders - basic	$	(2,577	)	$	(2,922	)	$	(10,399	)	$	(7,779	)
Basic weighted-average shares outstanding (1)	15,899			15,786			15,864			15,754
Effect of dilutive securities:
Stock options (2)	—			—			—			—
Directors' stock performance units (2)	—			—			—			—
Diluted weighted-average shares outstanding (1)(2)	15,899			15,786			15,864			15,754
Diluted earnings (loss) per share - continuing operations	$	(0.16	)	$	(0.19	)	$	(0.66	)	$	(0.49	)


(1)	Includes Common and Class B Common shares, excluding 461 thousand unvested participating securities.

(2)

Shares issuable under stock option plans where the exercise price is greater than the average market price of the Company's Common Stock during the relevant period and directors' stock performance units have been excluded to the extent they are anti-dilutive. Aggregate shares excluded for the three and nine months ended September 28, 2019 were 364 thousand and for the three and nine months ended September 29, 2018 were 426 thousand.