Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share

v3.20.1
Net Loss Per Share
3 Months Ended
Mar. 28, 2020
Net (Loss) Income Per Share  
Net (Loss) Income Per Share

Note 4 – Net Loss 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)

 

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