(7)	Earnings per Share (EPS)

The following table shows the reconciliation of the numerator and denominator of the basic EPS calculation to the numerator and denominator of the diluted EPS calculation (in thousands, except per share amounts).

(In thousands, except per share amounts)
	Three Months Ended						Nine Months Ended
	March 29, 2020			March 24, 2019			March 29, 2020			March 24, 2019
Net income (loss) available to common stockholders	$	(4,515	)	$	(263	)	$	(4,264	)	$	77
Interest saved on convertible notes at 4%	$	16		$	16		$	48		$	47
Adjusted net income (loss)	$	(4,499	)	$	(247	)	$	(4,216	)	$	124

BASIC:
Weighted average common shares		15,133			15,071			15,123			15,069

Net income per common share	$	(0.30	)	$	(0.02	)	$	(0.28	)	$	0.01

DILUTED:
Weighted average common shares		15,133			15,071			15,123			15,069
Convertible notes		-			-			-			833
Dilutive stock options		-			-			-			-
Weighted average common shares outstanding		15,133			15,071			15,123			15,902

Net income per common share	$	(0.30	)	$	(0.02	)	$	(0.28	)	$	0.01

For the three and nine months ended March 29, 2020, options to purchase 216,550 shares of common stock at exercise prices from $2.71 to $13.11 were excluded from the computation of diluted EPS because their inclusion would have been anti-dilutive.

For the three and nine months ended March 24, 2019, options to purchase 288,056 shares of common stock at exercise prices ranging from $1.55 to $13.11 were excluded from the computation of diluted EPS because their inclusion would have been anti-dilutive.