| Net (Loss) Income Per Share |
Net (Loss) Income Per Share
The following table sets forth the computation of basic and diluted net income per share (in thousands, except per share data):
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Thirteen Weeks Ended |
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Thirty-Nine Weeks Ended |
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September 29, 2018 |
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September 30, 2017 |
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September 29, 2018 |
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September 30, 2017 |
Net income per share: |
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Numerator: |
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Income from continuing operations |
$ |
438 |
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$ |
919 |
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|
688 |
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|
28,653 |
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Dividends on Series A Convertible Preferred Stock |
41 |
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|
41 |
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|
120 |
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|
149 |
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Income from continuing operations available to common shares |
$ |
397 |
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|
$ |
878 |
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$ |
568 |
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$ |
28,504 |
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Denominator: |
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Weighted-average common shares outstanding (basic) |
34,983 |
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|
35,856 |
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|
34,925 |
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|
35,233 |
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Common equivalent shares from common stock options, restricted stock, preferred stock and warrants |
218 |
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3,629 |
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|
354 |
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|
4,625 |
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Weighted-average common shares outstanding (diluted) |
35,201 |
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|
39,485 |
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|
35,279 |
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|
39,858 |
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Basic net income from continuing operations per share |
$ |
0.01 |
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$ |
0.02 |
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$ |
0.02 |
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$ |
0.81 |
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Diluted net income from continuing operations per share |
$ |
0.01 |
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$ |
0.02 |
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$ |
0.02 |
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$ |
0.72 |
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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):
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Thirteen Weeks Ended |
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Thirty-Nine Weeks Ended |
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September 29, 2018 |
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September 30, 2017 |
|
September 29, 2018 |
|
September 30, 2017 |
Common stock warrants |
— |
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— |
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— |
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|
8 |
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Performance stock units |
— |
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|
224 |
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— |
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|
302 |
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Restricted stock units |
490 |
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|
115 |
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|
507 |
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|
221 |
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Series A Convertible Preferred Stock |
2,771 |
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— |
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|
2,771 |
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|
— |
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Options to purchase common stock |
5,239 |
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|
3,572 |
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5,428 |
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|
3,156 |
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Total |
8,500 |
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|
3,911 |
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|
8,706 |
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|
3,687 |
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