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

Quarterly report pursuant to Section 13 or 15(d)

Net Income Per Share

Net Income Per Share

3 Months Ended

Apr. 01, 2023

Note 4 – 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
	April 1, 2023		April 2, 2022
Net income per share:
Numerator:
Net income allocable to common shares	$	1,051	$	2,103
Denominator:
Weighted-average common shares outstanding (basic)		55,047		53,251
Common equivalent shares from common stock options and restricted stock		2,990		3,921
Weighted-average common shares outstanding (diluted)		58,037		57,172
Basic net income per share	$	0.02	$	0.04
Diluted net income per share	$	0.02	$	0.04

Options and RSUs that were antidilutive and not included in the dilutive earnings per share calculation for the thirteen weeks ended April 1, 2023 and the thirteen weeks ended April 2, 2022 amounted to 1,456 and 3,011, respectively.