Annual report pursuant to Section 13 and 15(d)

Net Loss Per Share

v3.3.1.900
Net Loss Per Share
 12 Months Ended
Jan. 02, 2016
Earnings Per Share [Abstract]  
Net Loss Per Share
Net Loss Per Share
Net loss per share has been computed in accordance with ASC 260 Earnings per Share. The following table sets forth the computation of basic and diluted net loss per share:
 
 
Fiscal Year Ended
 
January 2, 2016

January 3, 2015

December 28, 2013
Net loss per share:
 
 
 
 
 
Numerator:
 
 
 
 
 
Net loss attributable to U.S. Auto Parts
$
(1,281
)
 
$
(6,879
)
 
$
(15,634
)
Dividends on Series A Convertible Preferred Stock
(241
)
 
(240
)
 
(184
)
Net loss available to common shares
$
(1,522
)
 
$
(7,119
)
 
$
(15,818
)
Denominator:
 
 
 
 
 
Weighted-average common shares outstanding (basic and diluted)
33,946

 
33,489

 
32,697

Basic and diluted net loss per share
$
(0.04
)
 
$
(0.21
)
 
$
(0.48
)


The anti-dilutive securities, which are excluded from the calculation of diluted earnings per share due to the Company’s net loss position for the periods then ended (including securities that would otherwise be excluded from the calculation of diluted earnings per share due the Company’s stock price), are as follows:
 
 
Fiscal Year
 
January 2, 2016
 
January 3, 2015
 
December 28, 2013
Common stock warrants
50

 
50

 
50

Series A Convertible Preferred Stock
4,150

 
4,150

 
3,145

Options to purchase common stock
5,941

 
5,467

 
6,584

Restricted Stock Units
839

 
796

 
—

Total
10,980

 
10,463

 
9,779