Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share (Tables)

v3.20.1
Net Loss Per Share (Tables)
3 Months Ended
Mar. 28, 2020
Net (Loss) Income Per Share  
Computation of Basic and Diluted Net Income Per Share

The following table sets forth the computation of basic and diluted net loss per share (in thousands, except per share data):

 

 

 

 

 

 

 

 

 

Thirteen Weeks Ended

 

    

March 28, 2020

    

March 30, 2019

Net loss per share:

 

 

  

 

 

Numerator:

 

 

  

 

 

  

Net loss

 

 

(978)

 

 

(3,581)

Dividends on Series A Convertible Preferred Stock

 

 

38

 

 

40

Net loss allocable to common shares

 

$

(1,016)

 

$

(3,621)

Denominator:

 

 

  

 

 

  

Weighted-average common shares outstanding (basic and diluted)

 

 

36,871

 

 

35,365

Basic and diluted net loss per share

 

$

(0.03)

 

$

(0.10)

 

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

 

    

March 28, 2020

    

March 30, 2019

Performance stock units

 

4,588

 

13

Restricted stock units

 

211

 

329

Series A Convertible Preferred Stock

 

2,711

 

2,771

Options to purchase common stock

 

3,349

 

6,311

Total

 

10,859

 

9,424