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)
9 Months Ended
Sep. 29, 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
 
Thirty-Nine Weeks Ended
 
September 29, 2018
 
September 30, 2017
 
September 29, 2018
 
September 30, 2017
Net income per share:
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
Income from continuing operations
$
438

 
$
919

 
688

 
28,653

Dividends on Series A Convertible Preferred Stock
41

 
41

 
120

 
149

Income from continuing operations available to common shares
$
397

 
$
878

 
$
568

 
$
28,504

Denominator:
 
 
 
 
 
 
 
Weighted-average common shares outstanding (basic)
34,983

 
35,856

 
34,925

 
35,233

Common equivalent shares from common stock options, restricted stock, preferred stock and warrants
218

 
3,629

 
354

 
4,625

Weighted-average common shares outstanding (diluted)
35,201

 
39,485

 
35,279

 
39,858

Basic net income from continuing operations per share
$
0.01

 
$
0.02

 
$
0.02

 
$
0.81

Diluted net income from continuing operations per share
$
0.01

 
$
0.02

 
$
0.02

 
$
0.72

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
 
Thirty-Nine Weeks Ended
 
September 29, 2018
 
September 30, 2017
 
September 29, 2018
 
September 30, 2017
Common stock warrants

 

 

 
8

Performance stock units

 
224

 

 
302

Restricted stock units
490

 
115

 
507

 
221

Series A Convertible Preferred Stock
2,771

 

 
2,771

 

Options to purchase common stock
5,239

 
3,572

 
5,428

 
3,156

Total
8,500

 
3,911

 
8,706

 
3,687