Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share (Tables)

v2.4.0.8
Net Loss Per Share (Tables)
9 Months Ended
Sep. 28, 2013
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Loss Per Share

The following table sets forth the computation of basic and diluted net loss per share:

 

     Thirteen Weeks Ended     Thirty-Nine Weeks Ended  
     September 28,
2013
    September 29,
2012
    September 28,
2013
    September 29,
2012
 

Net loss per share:

        

Numerator:

        

Net loss

   $ (1,399   $ (2,711 )   $ (14,309   $ (5,195 )

Dividends on Series A Convertible Preferred Stock

     60       —          124       —     
  

 

 

   

 

 

   

 

 

   

 

 

 

Net loss available to common shares

   $ (1,459   $ (2,711 )   $ (14,433 )   $ (5,195 )
  

 

 

   

 

 

   

 

 

   

 

 

 

Denominator:

        

Weighted-average common shares outstanding (basic)

     33,218        30,854       32,493       30,716  

Common equivalent shares from common stock options and warrants

     —          —          —          —     
  

 

 

   

 

 

   

 

 

   

 

 

 

Weighted-average common shares outstanding (diluted)

     33,218        30,854       32,493       30,716  
  

 

 

   

 

 

   

 

 

   

 

 

 

Basic and diluted net loss per share

   $ (0.04   $ (0.09 )   $ (0.44   $ (0.17 )
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 loss 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:

 

     Thirteen Weeks Ended      Thirty-Nine Weeks Ended  
     September 28,
2013
     September 29,
2012
     September 28,
2013
     September 29,
2012
 

Common stock warrants

     50         50         50         50   

Series A Convertible Preferred Stock

     4,150         —           2,110         —     

Options to purchase common stock

     6,619         7,677         7,079         7,727   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

     10,819         7,727         9,239         7,777