Quarterly report pursuant to Section 13 or 15(d)

Net (Loss) Income Per Share (Tables)

v3.19.1
Net (Loss) Income Per Share (Tables)
 3 Months Ended
Mar. 30, 2019
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

 

 

    

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

 

 

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 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