CarParts.com, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Net (Loss) Income Per Share

Net (Loss) Income Per Share

3 Months Ended

Mar. 30, 2019

Note 4 – 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):


	Thirteen Weeks Ended
	March 30, 2019		March 31, 2018
Net income per share:			(As Restated)
Numerator:
(Loss) income from continuing operations		(3,581)		568
Dividends on Series A Convertible Preferred Stock		40		40
(Loss) income from continuing operations available to common shares	$	(3,621)	$	528
Denominator:
Weighted-average common shares outstanding (basic)		35,365		34,821
Common equivalent shares from common stock options, restricted stock, preferred stock and warrants		—		3,245
Weighted-average common shares outstanding (diluted)		35,365		38,066
Basic net (loss) income from continuing operations per share	$	(0.10)	$	0.02
Diluted net (loss) income from continuing operations per share	$	(0.10)	$	0.01

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 30, 2019	March 31, 2018
Performance stock units	13	743
Restricted stock units	329	525
Series A Convertible Preferred Stock	2,771	—
Options to purchase common stock	6,311	5,438
Total	9,424	6,706