CarParts.com, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) Per Share (Tables)

Net Income (Loss) Per Share (Tables)

6 Months Ended

Jul. 02, 2016

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					Twenty-Six Weeks Ended
	July 2, 2016		July 4, 2015			July 2, 2016		July 4, 2015
Net income (loss) per share:
Numerator:
Net income (loss) attributable to U.S. Auto Parts	$	934	$	(775	)	2,186		(835		)
Dividends on Series A Convertible Preferred Stock	60		60			120		120
Net income (loss) available to common shares	$	874	$	(835	)	$	2,066	$	(955	)
Denominator:
Weighted-average common shares outstanding (basic)	34,753		33,963			34,625		33,842
Common equivalent shares from common stock options, preferred stock and warrants	5,254		—			5,030		—
Weighted-average common shares outstanding (diluted)	40,007		33,963			39,655		33,842
Basic net income (loss) per share	$	0.03	$	(0.02	)	$	0.06	$	(0.03	)
Diluted net income (loss) per share	$	0.02	$	(0.02	)	$	0.05	$	(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		Twenty-Six Weeks Ended
	July 2, 2016	July 4, 2015	July 2, 2016	July 4, 2015
Common stock warrants	20	50	20	50
Series A Convertible Preferred Stock	—	4,150	—	4,150
Restricted stock units	981	867	969	850
Options to purchase common stock	2,141	6,044	2,393	5,878
Total	3,142	11,111	3,382	10,928