The earnings per share (“EPS”) presented in our unaudited consolidated statements of comprehensive income (loss) are based on the following amounts (in thousands, except per share amounts): | | | | | | | | | | | | | | | | | | For the Three Months Ended | | August 30, 2014 | | August 31, 2013 | | Basic | | Diluted | | Basic | | Diluted | | | | | | | | | Numerator for Basic and Diluted EPS: | | | | | | | | Income (loss) from continuing operations | $ | (83 | ) | | $ | (83 | ) | | $ | 1,979 |
| | $ | 1,979 |
| Less dividends: | | | | | | | | Common stock | 710 |
| | 710 |
| | 723 |
| | 723 |
| Class B common stock | 118 |
| | 118 |
| | 134 |
| | 134 |
| Undistributed earnings (losses) | $ | (911 | ) | | $ | (911 | ) | | $ | 1,122 |
| | $ | 1,122 |
| Common stock undistributed earnings (losses) | $ | (781 | ) | | $ | (781 | ) | | $ | 951 |
| | $ | 952 |
| Class B common stock undistributed earnings (losses) | (130 | ) | | (130 | ) | | 171 |
| | 170 |
| Total undistributed earnings (losses) | $ | (911 | ) | | $ | (911 | ) | | $ | 1,122 |
| | $ | 1,122 |
| Loss from discontinued operations | $ | — |
| | $ | — |
| | $ | (11 | ) | | $ | (11 | ) | Less dividends: | | | | | | | | Common stock | 710 |
| | 710 |
| | 723 |
| | 723 |
| Class B common stock | 118 |
| | 118 |
| | 134 |
| | 134 |
| Undistributed losses | $ | (828 | ) | | $ | (828 | ) | | $ | (868 | ) | | $ | (868 | ) | Common stock undistributed losses | $ | (710 | ) | | $ | (710 | ) | | $ | (735 | ) | | $ | (737 | ) | Class B common stock undistributed losses | (118 | ) | | (118 | ) | | (133 | ) | | (131 | ) | Total undistributed losses | $ | (828 | ) | | $ | (828 | ) | | $ | (868 | ) | | $ | (868 | ) | Net income (loss) | $ | (83 | ) | | $ | (83 | ) | | $ | 1,968 |
| | $ | 1,968 |
| Less dividends: | | | | | | | | Common stock | 710 |
| | 710 |
| | 723 |
| | 723 |
| Class B common stock | 118 |
| | 118 |
| | 134 |
| | 134 |
| Undistributed earnings (losses) | $ | (911 | ) | | $ | (911 | ) | | $ | 1,111 |
| | $ | 1,111 |
| Common stock undistributed earnings (losses) | $ | (781 | ) | | $ | (781 | ) | | $ | 941 |
| | $ | 943 |
| Class B common stock undistributed earnings (losses) | (130 | ) | | (130 | ) | | 170 |
| | 168 |
| Total undistributed earnings (losses) | $ | (911 | ) | | $ | (911 | ) | | $ | 1,111 |
| | $ | 1,111 |
| Denominator for basic and diluted EPS: | | | | | | | | Common stock weighted average shares | 11,822 |
| | 11,822 |
| | 12,127 |
| | 12,127 |
| Class B common stock weighted average shares, and shares under if-converted method for diluted EPS | 2,182 |
| | 2,182 |
| | 2,428 |
| | 2,428 |
| Effect of dilutive stock options | | | — |
| | | | 133 |
| Denominator for diluted EPS adjusted for weighted average shares and assumed conversions | | | 14,004 |
| | | | 14,688 |
| Income (loss) from continuing operations per share: | | | | | | | | Common stock | $ | (0.01 | ) | | $ | (0.01 | ) | | $ | 0.14 |
| | $ | 0.13 |
| Class B common stock | $ | (0.01 | ) | | $ | (0.01 | ) | | $ | 0.13 |
| | $ | 0.13 |
| Income (loss) from discontinued operations per share: | | | | | | | | Common stock | $ | — |
| | $ | — |
| | $ | — |
| | $ | — |
| Class B common stock | $ | — |
| | $ | — |
| | $ | — |
| | $ | — |
| Net income (loss) per share: | | | | | | | | Common stock | $ | (0.01 | ) | | $ | (0.01 | ) | | $ | 0.14 |
| | $ | 0.13 |
| Class B common stock | $ | (0.01 | ) | | $ | (0.01 | ) | | $ | 0.13 |
| | $ | 0.13 |
|
Note: Common stock options that were anti-dilutive and not included in diluted earnings per common share for the first quarter of fiscal 2015 and fiscal 2014 were 674,564 and 462,464, respectively. |