Quarterly report pursuant to Section 13 or 15(d)

Net (Loss) Income Per Share (Tables)

v3.10.0.1
Net (Loss) Income Per Share (Tables)
 6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Income Per Share
The following table sets forth the computation of basic and diluted net income per share (in thousands, except per share data):
 
 
Thirteen Weeks Ended
 
Twenty-Six Weeks Ended
 
June 30, 2018
 
July 1, 2017
 
June 30, 2018
 
July 1, 2017
Net (loss) income per share:
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
(Loss) income from continuing operations
$
(485
)
 
$
26,918

 
250

 
27,734

Dividends on Series A Convertible Preferred Stock
40

 
49

 
80

 
108

(Loss) income from continuing operations available to common shares
$
(525
)
 
$
26,869

 
$
170

 
$
27,626

Denominator:
 
 
 
 
 
 
 
Weighted-average common shares outstanding (basic)
34,972

 
35,332

 
34,896

 
34,921

Common equivalent shares from common stock options, restricted stock, preferred stock and warrants
—

 
4,601

 
362

 
5,158

Weighted-average common shares outstanding (diluted)
34,972

 
39,933

 
35,258

 
40,079

Basic net (loss) income from continuing operations per share
$
(0.02
)
 
$
0.76

 
$
0.00

 
$
0.79

Diluted net (loss) income from continuing operations per share
$
(0.02
)
 
$
0.67

 
$
0.00

 
$
0.69

Anti-Dilutive Securities Excluded from Calculation of Diluted Earnings Per Share
The anti-dilutive securities, which are excluded from the calculation of diluted earnings per share due to their anti-dilutive effect are as follows (in thousands):
 
Thirteen Weeks Ended
 
Twenty-Six Weeks Ended
 
June 30, 2018
 
July 1, 2017
 
June 30, 2018
 
July 1, 2017
Common stock warrants
—

 
5

 
—

 
13

Performance stock units
343

 
225

 
384

 
375

Restricted stock units
504

 
—

 
515

 
—

Series A Convertible Preferred Stock
2,771

 
—

 
2,771

 
—

Options to purchase common stock
5,477

 
3,042

 
5,611

 
2,754

Total
9,095

 
3,272

 
9,281

 
3,142