Earnings Per Share ------------------ SFAS 128 requires the following reconciliation of the basic and diluted EPS calculations. For the years ended Dec. 26, 1998 Dec. 27, 1997 Dec. 28, 1996 ------------- ------------- ------------- Basic EPS Computation: Numerator: Net income (loss) $ 1,672,435 $ 1,377,146 $ (411,305) Denominator: Weighted average common shares outstanding 10,565,961 7,799,279 7,780,766 Basic EPS $ 0.16 $ 0.18 $(0.05) Diluted EPS Computation: Numerator: Net income (loss) $ 1,672,435 $ 1,377,146 $(411,305) Interest on convertible debt 87,290 186,489 -- ----------- ----------- ---------- Total net income (loss) $ 1,759,725 $ 1,563,635 $(411,305) Denominator: Weighted average common shares outstanding 10,565,961 7,799,279 7,780,766 Stock options 204,749 191,040 -- Interest converted 359,292 -- -- Convertible debt 1,417,425 4,289,324 -- ----------- ----------- ---------- Total Shares 12,547,427 12,279,643 7,780,766 Diluted EPS $ 0.14 $ 0.13 $ (0.05)