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Note 2 - Loss Per Share
3 Months Ended
Sep. 05, 2017
Notes to Financial Statements  
Earnings Per Share [Text Block]
2.
Loss Per Share
 
Basic loss per share is computed by dividing net loss by the weighted average number of common shares outstanding during each period presented. Diluted earnings per share gives effect to stock options and restricted stock outstanding during the applicable periods, except during loss periods as the effect would be anti-dilutive. The following table reflects the calculation of weighted average common and dilutive potential common shares outstanding as presented in the accompanying Condensed Consolidated Statements of Operations and Comprehensive Loss (in thousands, except per-share data):
 
   
Thirteen weeks ended
 
   
September 5, 2017
   
August 30, 2016
 
Net loss
  $
(9,846
)
  $
(39,692
)
                 
Weighted average common shares outstanding
   
60,411
     
59,790
 
Dilutive effect of stock options and restricted stock
   
     
 
Weighted average common and dilutive potential
common shares outstanding
   
60,411
     
59,790
 
                 
Basic net loss per share
  $
(0.16
)
  $
(0.66
)
Diluted net loss per share
  $
(0.16
)
  $
(0.66
)
 
Stock options with an exercise price greater than the average market price of our common stock and certain options, restricted stock, and restricted stock units with unrecognized compensation expense do
not
impact the computation of diluted loss per share because the effect would be anti-dilutive. The following table summarizes on a weighted-average basis stock options, restricted stock, and restricted stock units that were excluded from the computation of diluted loss per share because their inclusion would have had an anti-dilutive effect (in thousands):
 
   
Thirteen weeks ended
 
   
September 5, 2017
   
August 30, 2016
 
Stock options
   
1,293
     
2,393
 
Restricted stock / Restricted stock units
   
635
     
758
 
Total
   
1,928
     
3,151