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

Net Income (Loss) Per Share

3 Months Ended

Apr. 02, 2022

Note 4 – Net Income (Loss) Per Share

The following table sets forth the computation of basic and diluted net income (loss) per share (in thousands, except per share data):


	Thirteen Weeks Ended
	April 2, 2022		April 3, 2021
Net income (loss) per share:
Numerator:
Net income (loss) allocable to common shares	$	2,103	$	(2,722)
Denominator:
Weighted-average common shares outstanding (basic)		53,251		48,760
Common equivalent shares from common stock options and restricted stock		3,921		—
Weighted-average common shares outstanding (diluted)		57,172		48,760
Basic net income (loss) per share	$	0.04	$	(0.06)
Diluted net income (loss) per share	$	0.04	$	(0.06)

For the thirteen weeks ended April 2, 2022, options and RSUs that were antidilutive and not included in the dilutive earnings per share calculation amounted to 3,011. For the thirteen weeks ended April 3, 2021, all outstanding potentially dilutive securities have been excluded from the calculation of diluted net loss per share as the effect of including such securities would have been anti-dilutive.