Earnings Per Share ------------------ SFAS 128, which now governs earnings per share computation, requires the following reconciliation of the basic and diluted EPS calculations. For the years ended December 27 December 28 December 30 1997 1996 1995 ----------- ----------- ----------- Basic EPS Computation: Numerator: Net income (loss) $1,377,146 ($411,304) ($1,107,521) Denominator: Weighted average common shares outstanding 7,799,279 7,780,766 7,674,534 Basic EPS $0.18 ($0.05) ($0.14) Diluted EPS Computation: Numerator: Net income (loss) $1,377,146 ($411,304) ($1,107,521) Interest on convertible debt $186,489 --- --- --------- -------- ---------- Total net income (loss) $1,563,635 ($411,304) ($1,107,521) Denominator: Weighted average common shares outstanding 7,799,279 7,780,766 7,674,534 Stock options 191,040 --- --- Convertible debt 4,289,324 --- --- ---------- --------- --------- Total Shares 12,279,643 7,780,766 7,674,534 Diluted EPS $0.13 ($0.05) ($0.14)