Net Income (Loss) per Common Share

9 Months Ended

Jun. 26, 2018

Earnings Per Share [Abstract]

Net Income (Loss) per Common Share

Note 6. Net Income (Loss) per Common Share

Our basic earnings per share calculation is computed based on the weighted-average number of common shares outstanding. Our diluted earnings per share calculation is computed based on the weighted-average number of common shares outstanding adjusted by the number of additional shares that would have been outstanding had the potentially dilutive common shares been issued. Potentially dilutive securities for this calculation consist of in-the-money outstanding stock options, restricted stock grants and warrants (which were assumed to have been exercised at the average market price of the common shares during the reporting period). The treasury stock method is used to measure the dilutive impact of in-the-money stock options.

The following table reconciles basic weighted-average shares outstanding to diluted weighted-average shares outstanding:

	Quarter Ended				Year to Date
	Jun 26, 2018		Jun 27, 2017		Jun 26, 2018		Jun 27, 2017
Weighted-average shares outstanding-basic		12,468,326		12,301,007		12,460,467		12,296,793
Effect of potentially dilutive securities
Stock options		102,506		0		0		0
Restricted stock units		94,340		0		0		0
Weighted-average shares outstanding-diluted		12,665,172		12,301,007		12,460,467		12,296,793
Excluded from diluted weighted-average shares outstanding:
Antidilutive		272,348		983,109		781,789		983,109