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

Quarterly report pursuant to Section 13 or 15(d)

Net (Loss) Income Per Share

Net (Loss) Income Per Share

3 Months Ended

Mar. 30, 2024

Note 4 – Net (Loss) Income Per Share

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


	Thirteen Weeks Ended
	March 30, 2024		April 1, 2023
Net (loss) income per share:
Numerator:
Net (loss) income allocable to common shares	$	(6,478)	$	1,051
Denominator:
Weighted-average common shares outstanding (basic)		56,503		55,047
Common equivalent shares from common stock options and restricted stock		—		2,990
Weighted-average common shares outstanding (diluted)		56,503		58,037
Basic net (loss) income per share	$	(0.11)	$	0.02
Diluted net (loss) income per share	$	(0.11)	$	0.02

For the thirteen weeks ended March 30, 2024, all outstanding potentially dilutive securities have been excluded from the calculation of diluted net loss per share as the effect of including such securities would have been anti-dilutive. Options and RSUs that were antidilutive and not included in the dilutive earnings per share calculation for the thirteen weeks ended April 1, 2023 amounted to 1,456.