SMTC Corporation Annual report pursuant to Section 13 and 15(d)

Note 9 - Earnings (Loss) Per Common Share

12 Months Ended

Jan. 03, 2016

9 .	Earnings (loss) per share

The following table details the weighted average number of shares outstanding for the purposes of computing basic and diluted loss per share for:

(Number of common shares)	Year ended January 3, 2016		Year ended December 28, 2014		Year ended December 29, 2013
Basic weighted average shares outstanding		16,421,478		16,417,275		16,361,865
Dilutive stock options (a)		—		—		—

Diluted weighted average shares outstanding		16,421,478		16,417,275		16,361,865

(a)	For the periods ended January 3, 2016, December 28, 2014 and December 29, 2013, as a result of a net loss for the period, dilutive earnings per share was calculated using the basic weighted average shares outstanding as the effect of potential common shares would have been anti-dilutive.