| 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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Thirty-Nine Weeks Ended
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September 28, 2019
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September 29, 2018
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September 28, 2019
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September 29, 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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(1,424)
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$
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(180)
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(6,461)
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(409)
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Dividends on Series A Convertible Preferred Stock
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40
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41
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120
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120
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Net loss available to common shares
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$
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(1,464)
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$
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(221)
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$
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(6,581)
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$
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(529)
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Denominator:
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Weighted-average common shares outstanding (basic)
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35,856
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34,983
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35,623
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34,925
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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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35,856
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34,983
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35,623
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34,925
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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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(0.01)
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$
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(0.18)
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$
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(0.02)
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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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Thirty-Nine Weeks Ended
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September 28, 2019
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September 29, 2018
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September 28, 2019
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September 29, 2018
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Performance stock units
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—
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—
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4
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—
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Restricted stock units
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35
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490
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72
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507
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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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6,855
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5,239
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6,540
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5,428
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Total
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9,661
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8,500
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9,387
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8,706
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