Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) Per Share (Tables)

v3.4.0.3
Net Income (Loss) Per Share (Tables)
3 Months Ended
Apr. 02, 2016
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 2, 2016
 
April 4, 2015
Net income (loss) per share:
 
 
 
Numerator:
 
 
 
Net income (loss) attributable to U.S. Auto Parts
$
1,252

 
$
(60
)
Dividends on Series A Convertible Preferred Stock
60

 
60

Net income (loss) available to common shares
$
1,192

 
$
(120
)
Denominator:
 
 
 
Weighted-average common shares outstanding (basic)
34,497

 
33,720

Common equivalent shares from common stock options, preferred stock and warrants
4,862

 

Weighted-average common shares outstanding (diluted)
39,359

 
33,720

Basic and diluted net income (loss) per share
$
0.03

 
$

Diluted net income (loss) per share
$
0.03

 
$

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 2, 2016
 
April 4, 2015
Common stock warrants
20

 
50

Series A Convertible Preferred Stock

 
4,150

Restricted stock units
957

 
905

Options to purchase common stock
3,692

 
5,712

Total
4,669

 
10,817