Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) Per Share (Tables)

v3.7.0.1
Net Income (Loss) Per Share (Tables)
3 Months Ended
Apr. 01, 2017
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Income (Loss) Per Share
The following table sets forth the computation of basic and diluted net loss per share (in thousands, except per share data):
 
 
Thirteen Weeks Ended
 
April 1, 2017
 
April 2, 2016
Net income (loss) per share:
 
 
 
Numerator:
 
 
 
Income from continuing operations
$
816

 
$
1,537

Dividends on Series A Convertible Preferred Stock
59

 
60

Income from continuing operations available to common shares
$
757

 
$
1,477

Denominator:
 
 
 
Weighted-average common shares outstanding (basic)
34,510

 
34,497

Common equivalent shares from common stock options, restricted stock, preferred stock and warrants
5,449

 
4,862

Weighted-average common shares outstanding (diluted)
39,959

 
39,359

Basic net income from continuing operations per share
$
0.02

 
$
0.04

Diluted net income from continuing operations per share
$
0.02

 
$
0.04

Anti-Dilutive Securities Excluded from Calculation of Diluted Earnings Per Share
The weighted-average anti-dilutive securities, which are excluded from the calculation of diluted earnings per share due to the Company's net income available to common shares position for the periods then ended (including securities that would otherwise be excluded from the calculation of diluted earnings per share due to the Company's stock price), are as follows (in thousands):
 
Thirteen Weeks Ended
 
April 1, 2017
 
April 2, 2016
Common stock warrants
20

 
20

Restricted stock units
649

 
957

Options to purchase common stock
2,588

 
3,692

Total
3,257

 
4,669