Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Earnings/Loss Per Share (Tables)

v2.4.1.9
Note 6 - Earnings/Loss Per Share (Tables)
9 Months Ended
Dec. 27, 2014
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
   

Three Month Periods Ended

   

Nine Month Periods Ended

 
   

December 27,

   

December 28,

   

December 27,

   

December 28,

 

(In thousands except per share data)

 

2014

   

2013

   

2014

   

2013

 

Net income/(loss) as reported

  $ 67     $ (718 )   $ (283 )   $ (2,476 )

Net income/(loss) attributable to participating securities

    (18 )                  

Net income/(loss) attributable to common shareholders

  $ 49     $ (718 )   $ (283 )   $ (2,476 )
                                 

Weighted average:

                               

Common shares outstanding

    5,208       5,060       5,166       5,057  

Potential common shares

    255                    

Common shares assuming dilution

    5,463       5,060       5,166       5,057  
                                 

Net earnings/(loss) per common share – basic

  $ 0.01     $ (0.14 )   $ (0.05 )   $ (0.49 )

Net earnings/(loss) per common share - diluted

  $ 0.01     $ (0.14 )   $ (0.05 )   $ (0.49 )

Stock options not included in computation that could potentially dilute EPS in the future

    1,376       1,751       1,759       1,751  

Restricted stock awards not included in computation that could potentially dilute EPS in the future

    187       122       237       122  

Convertible preferred stock not included in computation that could potentially dilute EPS in the future

          1,853       1,853       1,853  

Warrants not included in computation that could potentially dilute EPS in the future

          1,017       1,277       1,017