| Earnings (Loss) Per Share |
11. EARNINGS (LOSS) PER SHARE
The following table sets forth the computation for basic and
diluted net loss per share of common stock (in thousands, except
per share data):
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Three Months
Ended |
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Six Months
Ended |
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April 1,
2016 |
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April 3,
2015 |
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April 1,
2016 |
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April 3,
2015 |
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Numerator:
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Loss from continuing operations
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$ |
(12,045 |
) |
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$ |
(11,176 |
) |
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$ |
(28,815 |
) |
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$ |
(21,140 |
) |
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Income from discontinued operations
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1,396 |
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3,639 |
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2,595 |
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7,297 |
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Net loss
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$ |
(10,649 |
) |
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$ |
(7,537 |
) |
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$ |
(26,220 |
) |
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$ |
(13,843 |
) |
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Warrant liability gain
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— |
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— |
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— |
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— |
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Net loss attributable to common stockholders
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$ |
(10,649 |
) |
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$ |
(7,537 |
) |
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$ |
(26,220 |
) |
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$ |
(13,843 |
) |
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Denominator:
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Weighted average common shares outstanding-basic
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53,228 |
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50,593 |
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53,122 |
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49,100 |
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Dilutive effect of options and warrants
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— |
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— |
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— |
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— |
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Weighted average common shares outstanding-diluted
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53,228 |
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50,593 |
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53,122 |
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49,100 |
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Common stock (loss) earnings per share-basic:
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Continuing operations
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$ |
(0.23 |
) |
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$ |
(0.22 |
) |
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$ |
(0.54 |
) |
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$ |
(0.43 |
) |
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Discontinued operations
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0.03 |
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0.07 |
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0.05 |
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0.15 |
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Net common stock loss per share-basic
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$ |
(0.20 |
) |
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$ |
(0.15 |
) |
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$ |
(0.49 |
) |
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$ |
(0.28 |
) |
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Common stock (loss) earnings per share-diluted:
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Continuing operations
|
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$ |
(0.23 |
) |
|
$ |
(0.22 |
) |
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$ |
(0.54 |
) |
|
$ |
(0.43 |
) |
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Discontinued operations
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0.03 |
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0.07 |
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0.05 |
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0.15 |
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Net common stock loss per share-diluted
|
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$ |
(0.20 |
) |
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$ |
(0.15 |
) |
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$ |
(0.49 |
) |
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$ |
(0.28 |
) |
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The following common equivalent shares were excluded from the
calculation from net income per share as their inclusion would have
been antidilutive (in thousands):
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Three Months Ended |
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Six Months Ended |
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April 1, 2016 |
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April 3, 2015 |
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April 1, 2016 |
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April 3, 2015 |
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Restricted stock units and awards
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|
935 |
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|
721 |
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|
900 |
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|
704 |
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Stock options
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|
381 |
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|
441 |
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|
384 |
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|
666 |
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Warrants
|
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|
823 |
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|
746 |
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|
797 |
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|
444 |
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Total common stock equivalent shares excluded
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2,139 |
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1,908 |
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2,081 |
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1,815 |
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