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Earnings Per Share | 3 Months Ended
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Mar. 28, 2020
Earnings Per Share [Abstract] |
Earnings Per Share [Text Block] | 10. Earnings Per Share Basic and diluted earnings per share were calculated as follows (shares in thousands):
|  |  |  | Quarter ended |
|  |  |  | March 28, 2020 |  | March 30, 2019 |
Basic Earnings Per Share |  |  |  |  |  |
Numerator for basic earnings per share |  |  |  |  |  |
| Earnings attributable to SunOpta Inc. | $ | 3,361 |  | $ | 25,649 |
| Less: dividends and accretion on Series A Preferred Stock |  | (2,025 | ) |  | (1,995 | )
| Earnings attributable to common shareholders | $ | 1,336 |  | $ | 23,654 |
Denominator for basic earnings per share |  |  |  |  |  |
| Basic weighted-average number of shares outstanding |  | 88,161 |  |  | 87,475 |
Basic earnings per share | $ | 0.02 |  | $ | 0.27 |
Diluted Earnings Per Share |  |  |  |  |  |
Numerator for diluted earnings per share |  |  |  |  |  |
| Earnings attributable to SunOpta Inc. | $ | 3,361 |  | $ | 25,649 |
| Less: dividends and accretion on Series A Preferred Stock(1) |  | (2,025 | ) |  | — |
| Earnings attributable to common shareholders | $ | 1,336 |  | $ | 25,649 |
Denominator for diluted earnings per share |  |  |  |  |  |
| Basic weighted-average number of shares outstanding |  | 88,161 |  |  | 87,475 |
| Dilutive effect of the following: |  |  |  |  |  |
|  | Stock options and restricted stock units(1) |  | 1,136 |  |  | 191 |
|  | Series A Preferred Stock(2) |  | — |  |  | 11,333 |
| Diluted weighted-average number of shares outstanding |  | 89,297 |  |  | 98,999 |
Diluted earnings per share | $ | 0.01 |  | $ | 0.26 |
(1) For the quarter ended March 28, 2020, stock options to purchase 3,458,424 (March 30, 2019 - 2,566,321) Common Shares, respectively, were anti-dilutive because the exercise prices of these options were greater than the average market price. (2) For the quarter ended March 28, 2020, it was more dilutive to assume the Series A Preferred Stock was not converted into Common Shares and, therefore, the numerator of the diluted earnings per share calculation was not adjusted to add back the dividends and accretion on the Series A Preferred Stock and the denominator was not adjusted to include 11,333,333 Common Shares issuable on an if-converted basis as at March 28, 2020. For the quarter ended March 30, 2019, it was more dilutive to assume the Series A Preferred Stock was converted into Common Shares and, therefore, the numerator of the diluted earnings per share calculation was adjusted to add back the dividends and accretion on the Series A Preferred Stock and the denominator was adjusted to include 11,333,333 Common Shares issuable on an if-converted basis as at March 30, 2019.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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