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.

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