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Basic and Diluted Net Income (Loss) Per Share
3 Months Ended
Mar. 30, 2018
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
Note 8 — Basic and Diluted Net Income (Loss) Per Share
 
The following table sets forth the computation of basic and diluted net income (loss) per share (in thousands except per share amounts):
 
 
 
Three Months Ended
 
 
 
March 30,
2018
 
March 31,
2017
 
Numerator:
 
 
 
 
 
 
 
Net income (loss)
 
$
583
 
$
(2,203)
 
Denominator:
 
 
 
 
 
 
 
Weighted average common shares and denominator for basic calculation:
 
 
 
 
 
 
 
Weighted average common shares outstanding
 
 
41,431
 
 
40,772
 
Less: Unvested restricted stock
 
 
(21)
 
 
(23)
 
Denominator for basic calculation
 
 
41,410
 
 
40,749
 
Weighted average effects of potentially dilutive common stock:
 
 
 
 
 
 
 
Stock options
 
 
1,396
 
 
 
Unvested restricted stock
 
 
264
 
 
 
Restricted stock units
 
 
17
 
 
 
Warrants
 
 
 
 
 
Denominator for diluted calculation
 
 
43,087
 
 
40,749
 
 
 
 
 
 
 
 
 
Net income (loss) per share – basic
 
$
0.01
 
$
(0.05)
 
Net income (loss) per share – diluted
 
$
0.01
 
$
(0.05)
 
 
Because the Company had a net loss for the quarter ended March 31, 2017, the number of diluted shares is equal to the number of basic shares. Outstanding options and warrants to purchase common stock, restricted stock and restricted stock units would have had an anti-dilutive effect on diluted per share amounts.
 
The following table sets forth (in thousands) the weighted average number of options and warrants to purchase shares of common stock, restricted stock, and restricted stock units with either exercise prices or unrecognized compensation cost per share greater than the average market price per share of the Company’s common stock, which were not included in the calculation of diluted per share amounts because the effects would be anti-dilutive.
 
 
 
Three Months Ended
 
 
 
March 30,
2018
 
March 31,
2017
 
Options
 
$
385
 
$
2,567
 
Restricted stock and restricted stock units
 
 
4
 
 
146
 
Total
 
$
389
 
$
2,713