Basic and Diluted Loss Per Share

3 Months Ended

Apr. 03, 2015

Note 8 - Basic and Diluted Loss Per Share

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

	Three Months Ended
	April 3, 2015		April 4, 2014
Numerator:
Net loss	$	(2,340)	$	(1,359)

Denominator:
Weighted average common shares and denominator for basic calculation:
Weighted average common shares outstanding		38,638		38,116
Less: Unvested restricted stock		157		322
Denominator for basic calculation		38,481		37,794
Weighted average effects of potentially dilutive common stock:
Stock options		-		-
Warrants		-		-
Restricted stock		-		-
Denominator for diluted calculation		38,481		37,794

Net loss per share - basic	$	(0.06)	$	(0.04)
Net loss per share - diluted	$	(0.06)	$	(0.04)

The following table sets forth (in thousands) the weighted average number of options and warrants to purchase shares of common stock and restricted stock, which were not included in the calculation of diluted per share amounts because the effects would be anti-dilutive.

	Three Months Ended
	April 3, 2015		April 4, 2014
Options		1,187		1,905
Restricted stock and units		237		365
Warrants		316		528
Total		1,740		2,798

- Definition

The entire disclosure for earnings per share.

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