Calculation of earnings per share and weighted average shares outstanding (Tables)

9 Months Ended

Jun. 29, 2013

Basic and fully diluted earnings per share were calculated as follows:

(in thousands except per share data)
	Three months ended				Nine months ended
	June 29, 2013		June 30, 2012		June 29, 2013			June 30, 2012
Net income (loss)	$	124	$	156	$	(1,116	)	$	910
Weighted average shares outstanding – basic		3,365		3,341		3,356			3,330
Basic income (loss) per share	$	0.04	$	0.05	$	(0.33	)	$	0.27
Common stock equivalents		6		69		4			51
Weighted average shares outstanding – diluted		3,371		3,410		3,360			3,381
Diluted income (loss) per share	$	0.04	$	0.05	$	(0.33	)	$	0.27
No. of options that are anti-dilutive excluded from calculation of common stock equivalents		5		36		-			36