Pizza Inn Holdings Just Filed Its Quarterly Report:
Note F - Earnings p...
Note F - 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):
Three Months Ended
September 25,
2022
September 26,
2021
Net income available to common shareholders
$
307
$
285
BASIC:
Weighted average common shares
16,632
18,005
Net income per common share
$
0.02
$
0.02
DILUTED:
Weighted average common shares
16,632
18,005
Convertible notes
—
798
Dilutive stock options
—
—
Weighted average common shares outstanding
16,632
18,803
Net income per common share
$
0.02
$
0.02
For the three months ended September 25, 2022, exercisable options to purchase 111,750 shares of common stock at exercise prices from $3.95 to $13.11 were excluded from the computation of diluted EPS because they had an intrinsic value of zero. For the three months ended September 26, 2021, exercisable options to purchase 166,750 shares of common stock at exercise prices ranging from $3.11 to $13.11 were excluded from the computation of diluted EPS because they had an intrinsic value of zero.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
To receive a free e-mail notification whenever Pizza Inn Holdings
makes a similar move, sign up!
