Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) Per Share (Tables)

v3.3.0.814
Net Income (Loss) Per Share (Tables)
9 Months Ended
Oct. 03, 2015
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
 
Thirty-Nine Weeks Ended
 
October 3, 2015
 
September 27, 2014
 
October 3, 2015
 
September 27, 2014
Net income (loss) per share:
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
Net income (loss) attributable to U.S. Auto Parts
$
8

 
$
(2,494
)
 
(827
)
 
(4,473
)
Dividends on Series A Convertible Preferred Stock
61

 
61

 
180

 
180

Net loss available to common shares
$
(53
)
 
$
(2,555
)
 
$
(1,007
)
 
$
(4,653
)
Denominator:
 
 
 
 
 
 
 
Weighted-average common shares outstanding (basic)
34,018

 
33,532

 
33,900

 
33,459

Common equivalent shares from common stock options and warrants

 

 

 

Weighted-average common shares outstanding (diluted)
34,018

 
33,532

 
33,900

 
33,459

Basic and diluted net loss per share
$
0.00

 
$
(0.08
)
 
$
(0.03
)
 
$
(0.14
)
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 loss 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
 
Thirty-Nine Weeks Ended
 
October 3, 2015
 
September 27, 2014
 
October 3, 2015
 
September 27, 2014
Common stock warrants
50

 
50

 
50

 
50

Series A Convertible Preferred Stock
4,150

 
4,150

 
4,150

 
4,150

Restricted stock units
861

 
815

 
853

 
760

Options to purchase common stock
6,125

 
5,694

 
5,960

 
5,681

Total
11,186

 
10,709

 
11,013

 
10,641