| Net (Loss) Income Per Share |
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):
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Thirteen Weeks Ended
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Twenty-Six Weeks Ended
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June 29, 2019
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June 30, 2018
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June 29, 2019
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June 30, 2018
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Net income per share:
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(As Restated)
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(As Restated)
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Numerator:
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Net Loss
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$
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(1,457)
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$
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(797)
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(5,038)
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(229)
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Dividends on Series A Convertible Preferred Stock
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40
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40
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80
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80
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Net loss available to common shares
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$
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(1,497)
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$
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(837)
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$
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(5,118)
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$
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(309)
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Denominator:
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Weighted-average common shares outstanding (basic)
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35,632
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34,972
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35,506
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34,896
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Common equivalent shares from common stock options, restricted stock, preferred stock and warrants
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—
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—
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—
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—
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Weighted-average common shares outstanding (diluted)
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35,632
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34,972
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35,506
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34,896
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Basic and diluted net loss per share
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$
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(0.04)
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$
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(0.02)
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$
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(0.14)
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$
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(0.01)
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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
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Twenty-Six Weeks Ended
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June 29, 2019
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June 30, 2018
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June 29, 2019
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June 30, 2018
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Performance stock units
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651
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343
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332
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384
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Restricted stock units
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248
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504
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289
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515
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Series A Convertible Preferred Stock
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2,771
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2,771
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2,771
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2,771
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Options to purchase common stock
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7,238
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5,477
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6,774
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5,611
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Total
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10,908
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9,095
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10,166
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9,281
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