Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) Per Share (Tables)

v3.21.2
Net Income (Loss) Per Share (Tables)
6 Months Ended
Jul. 03, 2021
Net Income (Loss) Per Share  
Computation of Basic and Diluted Net Income (Loss) Per Share

The following table sets forth the computation of basic and diluted net income (loss) per share (in thousands, except per share data):

 

Thirteen Weeks Ended

 

Twenty-Six Weeks Ended

    

July 3, 2021

    

June 27, 2020

    

July 3, 2021

    

June 27, 2020

Net income (loss) per share:

 

  

 

 

  

 

Numerator:

 

  

 

  

 

  

 

  

Net income (loss)

$

2,072

$

1,568

(650)

590

Dividends on Series A Convertible Preferred Stock

 

 

33

 

 

71

Net income (loss) allocable to common shares

$

2,072

$

1,535

$

(650)

$

519

Denominator:

 

  

 

  

 

  

 

  

Weighted-average common shares outstanding (basic)

 

51,684

 

39,386

 

50,222

 

38,124

Common equivalent shares from common stock options, restricted stock and preferred stock

 

5,438

 

7,943

 

 

3,934

Weighted-average common shares outstanding (diluted)

 

57,122

 

47,329

 

50,222

 

42,058

Basic net income (loss) per share

$

0.04

$

0.04

$

(0.01)

$

0.01

Diluted net income (loss) per share

$

0.04

$

0.03

$

(0.01)

$

0.01