Quarterly report pursuant to Section 13 or 15(d)

Net Income Per Share (Tables)

v3.8.0.1
Net Income Per Share (Tables)
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Income Per Share
The following table sets forth the computation of basic and diluted net income per share (in thousands, except per share data):
 
 
Thirteen Weeks Ended
 
March 31, 2018
 
April 1, 2017
Net income per share:
 
 
 
Numerator:
 
 
 
Income from continuing operations
$
735

 
$
816

Dividends on Series A Convertible Preferred Stock
40

 
59

Income from continuing operations available to common shares
$
695

 
$
757

Denominator:
 
 
 
Weighted-average common shares outstanding (basic)
34,821

 
34,510

Common equivalent shares from common stock options, restricted stock, preferred stock and warrants
3,245

 
5,721

Weighted-average common shares outstanding (diluted)
38,066

 
40,231

Basic net income from continuing operations per share
$
0.02

 
$
0.02

Diluted net income from continuing operations per share
$
0.02

 
$
0.02

Anti-Dilutive Securities Excluded from Calculation of Diluted Earnings Per Share
The anti-dilutive securities, which are excluded from the calculation of diluted earnings per share due to their anti-dilutive effect are as follows (in thousands):
 
Thirteen Weeks Ended
 
March 31, 2018
 
April 1, 2017
Common stock warrants

 
20

Performance stock units
743

 
700

Restricted stock units
525

 
6

Options to purchase common stock
5,438

 
2,588

Total
6,706

 
3,314