| Net Income (Loss) Per Share |
Net Income (Loss) Per Share
The following table sets forth the computation of basic and diluted net loss 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 30,
2017 |
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October 1,
2016 |
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September 30,
2017 |
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October 1,
2016 |
Net income (loss) per share: |
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Numerator: |
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Income from continuing operations |
$ |
919 |
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|
$ |
358 |
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|
28,653 |
|
|
3,168 |
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Dividends on Series A Convertible Preferred Stock |
41 |
|
|
61 |
|
|
149 |
|
|
180 |
|
Income from continuing operations available to common shares |
$ |
878 |
|
|
$ |
297 |
|
|
$ |
28,504 |
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|
$ |
2,988 |
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Denominator: |
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Weighted-average common shares outstanding (basic) |
35,856 |
|
|
34,932 |
|
|
35,233 |
|
|
34,728 |
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Common equivalent shares from common stock options, restricted stock, preferred stock and warrants |
3,629 |
|
|
5,659 |
|
|
4,625 |
|
|
5,348 |
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Weighted-average common shares outstanding (diluted) |
39,485 |
|
|
40,591 |
|
|
39,858 |
|
|
40,076 |
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Basic net income from continuing operations per share |
$ |
0.02 |
|
|
$ |
0.01 |
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$ |
0.81 |
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$ |
0.09 |
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Diluted net income from continuing operations per share |
$ |
0.02 |
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$ |
0.01 |
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|
$ |
0.72 |
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|
$ |
0.07 |
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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 |
|
Thirty-Nine Weeks Ended |
|
September 30, 2017 |
|
October 1, 2016 |
|
September 30, 2017 |
|
October 1, 2016 |
Common stock warrants |
— |
|
|
20 |
|
|
8 |
|
|
20 |
|
Series A Convertible Preferred Stock |
— |
|
|
— |
|
|
— |
|
|
— |
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Performance stock units |
224 |
|
|
555 |
|
|
302 |
|
|
528 |
|
Restricted stock units |
115 |
|
|
— |
|
|
221 |
|
|
— |
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Options to purchase common stock |
3,572 |
|
|
1,142 |
|
|
3,156 |
|
|
2,107 |
|
Total |
3,911 |
|
|
1,717 |
|
|
3,687 |
|
|
2,655 |
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