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 (Tables)

Net Loss Per Share (Tables)

6 Months Ended

Jun. 28, 2014

Computation of Basic and Diluted Net 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
	June 28, 2014			June 29, 2013			June 28, 2014			June 29, 2013
Net loss per share:
Numerator:
Net loss	$	(2,180	)	$	(9,567	)	$	(1,979	)	$	(12,910	)
Dividends on Series A Convertible Preferred Stock		60			64			119			64

Net loss available to common shares	$	(2,240	)	$	(9,631	)	$	(2,098	)	$	(12,974	)

Denominator:
Weighted-average common shares outstanding (basic)		33,460			33,119			33,422			32,130
Common equivalent shares from common stock options and warrants		0			—			0			—

Weighted-average common shares outstanding (diluted)		33,460			33,119			33,422			32,130

Basic and diluted net loss per share	$	(0.07	)	$	(0.29	)	$	(0.06	)	$	(0.40	)

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 (in thousands):


	Thirteen Weeks Ended				Twenty-Six Weeks Ended
	June 28, 2014		June 29, 2013		June 28, 2014		June 29, 2013
Common stock warrants		50		50		50		50
Series A Convertible Preferred Stock		4,150		4,140		4,150		1,076
Restricted stock units		992		0		661		0
Options to purchase common stock		5,787		7,217		5,675		7,309

Total		10,979		11,407		10,536		8,435