2013 FORM 10-K 45 BUILD-A-BEAR WORKSHOP, INC.  On April 3, 2000, the Company adopted the 2000 Stock Option Plan.  In 2003, the Company adopted the Build-A-Bear Workshop, Inc. 2002  Stock Incentive Plan, in 2004, the Company adopted the Build-A-Bear  Workshop, Inc. 2004 Stock Incentive Plan and in 2009, the Company  amended and restated the Build-A-Bear Workshop, Inc. 2004 Stock  Incentive Plan (collectively, the Plans).  (12) Stock Incentive Plans  Under the Plans, as amended, from January 3, 2009, up to 3,230,000  shares of common stock were reserved and may be granted to  employees and nonemployees of the Company. The Plans allow for  the grant of incentive stock options, nonqualified stock options, stock  appreciation rights (SAR) and restricted stock. Options granted under  the Plans expire later than 10 years from the date of the grant. The  exercise price of each incentive stock option shall not be less than  100% of the fair value of the stock subject to the option on the date  the option is granted. The exercise price of all options shall be the  fair market value on the date of the grant. The vesting provision of  individual awards is at the discretion of the compensation committee  of the board of directors and generally ranges from one to four years.  Each share of stock awarded pursuant to an option or subject to the  exercised portion of a SAR reduces the number of shares available by  one share. Each share of stock awarded pursuant to any other stock- based awards, including restricted stock grants, reduces the number  of shares available by 1.27 shares.  Due to the net loss in fiscal 2013, 2012 and 2011, the denominator for  diluted earnings per common share is the same as the denominator  for basic earnings per common share for those periods because the  inclusion of stock options and unvested restricted shares would be  anti-dilutive. In calculating diluted earnings per share for fiscal 2013, 2012  and 2011, options to purchase 1,065,012; 1,155,239 and 1,210,816,  respectively, shares of common stock were outstanding at the end  of the period, but were not included in the computation of diluted  earnings per share due to their anti-dilutive effect under provisions of  ASC 260-10.  2013 2012 2011 NUMERATOR:  Net loss  $ (2,112) $ (49,295) $ (17,062) DENOMINATOR: Weighted average number of common shares outstanding - basic  16,465,138  16,331,672  17,371,315  Dilutive effect of share-based awards:  -  -  -  Weighted average number of common shares outstanding - dilutive  16,465,138  16,331,672  17,371,315  Basic loss per common share attributable to Build-A-Bear Workshop, Inc., stockholders  $ (0.13) $ (3.02) $ (0.98) Diluted loss per common share attributable to Build-A-Bear Workshop, Inc., stockholders  $ (0.13) $ (3.02) $ (0.98) The Company uses the two-class method to compute basic and diluted earnings per common share. In periods of net loss, no effect is given to  the Company’s participating securities as they do not contractually participate in the losses of the Company. The following table sets forth the  computation of basic and diluted earnings per share (in thousands, except share and per share data):  (11) Loss Per Share Notes to Consolidated Financial Statements  (continued)