EARNINGS PER SHARE

9 Months Ended

Sep. 30, 2012

EARNINGS PER SHARE

NOTE 7 – EARNINGS PER SHARE

The number of shares outstanding for calculation of earnings per share (EPS) is as follows:

	13 Weeks Ended				39 Weeks Ended
	September 30,		October 2,		September 30,		October 2,
(Shares in thousands)	2012		2011		2012		2011
Weighted average shares outstanding - basic		29,232		29,080		29,182		29,035
Effect of potentially dilutive securities		-		124		-		164
Weighted average shares outstanding - diluted		29,232		29,204		29,182		29,199

Due to the net loss from continuing operations for the 13 and 39-week periods ended September 30, 2012, no outstanding options or unvested shares were included in the diluted EPS calculation because they would automatically result in anti-dilution.   No outstanding options were included in the computation of diluted EPS for the 13-week and 39-week periods ending October 2, 2011 because the exercise prices of the options were greater than the average market price at the end of the period; therefore, the effect would be anti-dilutive.