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

Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share

Net Loss Per Share

9 Months Ended

Sep. 29, 2012

Note 8 – 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 (in thousands, except per share data):


	Thirteen Weeks Ended						Thirty-Nine Weeks Ended
(Unaudited)	September 29, 2012			October 1, 2011			September 29, 2012			October 1, 2011
Net loss per share:
Numerator:
Net loss	$	(2,711	)	$	(5,308	)	$	(5,195	)	$	(8,118	)
Denominator:
Weighted-average common shares outstanding (basic)		30,854			30,571			30,716			30,522
Common equivalent shares from common stock options and warrants		—			—			—			—

Weighted-average common shares outstanding (diluted)		30,854			30,571			30,716			30,522

Basic and diluted net loss per share	$	(0.09	)	$	(0.17	)	$	(0.17	)	$	(0.27	)

The weighted-average 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 (in thousands):


	Thirteen Weeks Ended				Thirty-Nine Weeks Ended
(Unaudited)	September 29, 2012		October 1, 2011		September 29, 2012		October 1, 2011
Common stock warrants		50		50		50		50
Options to purchase common stock		7,677		7,336		7,727		7,204

Total		7,727		7,386		7,777		7,254

- Definition

The entire disclosure for earnings per share.

+ References + Details