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

6 Months Ended

Jun. 29, 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				Twenty-Six Weeks Ended
	June 29, 2024		July 1, 2023		June 29, 2024		July 1, 2023
Net (loss) income per share:
Numerator:
Net (loss) income allocable to common shares	$	(8,687)	$	(671)	$	(15,165)	$	380
Denominator:
Weighted-average common shares outstanding (basic)		56,851		56,532		56,677		55,789
Common equivalent shares from common stock options and restricted stock		—		—		—		2,239
Weighted-average common shares outstanding (diluted)		56,851		56,532		56,677		58,028
Basic net (loss) income per share	$	(0.15)	$	(0.01)	$	(0.27)	$	0.01
Diluted net (loss) income per share	$	(0.15)	$	(0.01)	$	(0.27)	$	0.01

For the thirteen and twenty-six weeks ended June 29, 2024, and the thirteen weeks ended July 1, 2023, 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 twenty-six weeks ended July 1, 2023 amounted to 2,745.