Annual report pursuant to Section 13 and 15(d)

Net Income (Loss) Per Share

v3.8.0.1
Net Income (Loss) Per Share
12 Months Ended
Dec. 30, 2017
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share
Net Income (Loss) Per Share
The following table sets forth the computation of basic and diluted net income (loss) per share:
 
 
Fiscal Year Ended
 
December 30, 2017

December 31, 2016

January 2, 2016
Net income (loss) per share:
 
 
 
 
 
Numerator:
 
 
 
 
 
Income from continuing operations
$
24,574

 
$
2,973

 
$
(136
)
Dividends on Series A Convertible Preferred Stock
(189
)
 
(241
)
 
(241
)
Income from continuing operations available to common shares
$
24,385

 
$
2,732

 
$
(377
)
Denominator:
 
 
 
 
 
Weighted-average common shares outstanding (basic)
35,192

 
34,765

 
33,946

Common equivalent shares from common stock options,
preferred stock and warrants
4,442

 
1,442

 

Weighted-average common shares outstanding (diluted)
39,634

 
36,207

 
33,946

Basic net income (loss) from continuing operations per share
$
0.69

 
$
0.08

 
$
(0.01
)
Diluted net income (loss) from continuing operations per share
$
0.62

 
$
0.08

 
$
(0.01
)


The 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):
 
 
Fiscal Year
 
December 30, 2017
 
December 31, 2016
 
January 2, 2016
Common stock warrants
6

 
20

 
50

Series A Convertible Preferred Stock

 
4,150

 
4,150

Options to purchase common stock
3,357

 
2,142

 
5,941

Restricted Stock Units
383

 

 
839

Total
3,746

 
6,312

 
10,980