XML 42 R28.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Earnings (Loss) Per Share | 12 Months Ended
--- | ---
Jan. 01, 2022
Earnings Per Share [Abstract] |
Earnings (Loss) Per Share [Text Block] | 20. Earnings (Loss) Per Share Basic and diluted earnings (loss) per share were calculated as follows (shares in thousands):
|  | January 1, 2022 |  |  | January 2, 2021 |  |  | December 28, 2019 |
Basic Earnings (Loss) Per Share |  |  |  |  |  |  |  |  |
Numerator for basic earnings (loss) per share: |  |  |  |  |  |  |  |  |
Loss from continuing operations | $ | (4,144 | ) | $ | (47,302 | ) | $ | (13,080 | )
Less: dividends and accretion on Series A Preferred Stock |  | (1,212 | ) |  | (8,319 | ) |  | (8,022 | )
Less: dividends and accretion on Series B-1 Preferred Stock |  | (2,985 | ) |  | (2,009 | ) |  | - |
Loss from continuing operations attributable to common shareholders |  | (8,341 | ) |  | (57,630 | ) |  | (21,102 | )
Earnings from discontinued operations |  | - |  |  | 124,820 |  |  | 12,322 |
Earnings (loss) attributable to common shareholders | $ | (8,341 | ) | $ | 67,190 |  | $ | (8,780 | )
Denominator for basic earnings (loss) per share: |  |  |  |  |  |  |  |  |
Basic weighted-average number of shares outstanding |  | 104,098 |  |  | 89,234 |  |  | 87,787 |
Basic earnings (loss) per share: |  |  |  |  |  |  |  |  |
From continuing operations | $ | (0.08 | ) | $ | (0.65 | ) | $ | (0.24 | )
From discontinued operations |  | - |  |  | 1.40 |  |  | 0.14 |
Basic earnings (loss) per share | $ | (0.08 | ) | $ | 0.75 |  | $ | (0.10 | )
Diluted Earnings (Loss) Per Share |  |  |  |  |  |  |  |  |
Numerator for diluted earnings (loss) per share: |  |  |  |  |  |  |  |  |
Loss from continuing operations | $ | (4,144 | ) | $ | (47,302 | ) | $ | (13,080 | )
Less: dividends and accretion on Series A Preferred Stock |  | (1,212 | ) |  | (8,319 | ) |  | (8,022 | )
Less: dividends and accretion on Series B-1 Preferred Stock |  | (2,985 | ) |  | (2,009 | ) |  | - |
Loss from continuing operations attributable to common shareholders |  | (8,341 | ) |  | (57,630 | ) |  | (21,102 | )
Earnings from discontinued operations |  | - |  |  | 124,820 |  |  | 12,322 |
Earnings (loss) attributable to common shareholders | $ | (8,341 | ) | $ | 67,190 |  | $ | (8,780 | )
Denominator for diluted earnings (loss) per share: |  |  |  |  |  |  |  |  |
Basic weighted-average number of shares outstanding |  | 104,098 |  |  | 89,234 |  |  | 87,787 |
Dilutive effect of the following: |  |  |  |  |  |  |  |  |
Stock options and restricted stock units (1) |  | - |  |  | - |  |  | - |
Series B-1 Preferred Stock (2) |  | - |  |  | - |  |  | - |
Series A Preferred Stock (3) |  | - |  |  | - |  |  | - |
Diluted weighted-average number of shares outstanding |  | 104,098 |  |  | 89,234 |  |  | 87,787 |
Diluted earnings (loss) per share: |  |  |  |  |  |  |  |  |
From continuing operations | $ | (0.08 | ) | $ | (0.65 | ) | $ | (0.24 | )
From discontinued operations |  | - |  |  | 1.40 |  |  | 0.14 |
Diluted earnings (loss) per share | $ | (0.08 | ) | $ | 0.75 |  | $ | (0.10 | )
(1) For the years ended January 1, 2022, January 2, 2021 and December 28, 2019, 2,889,014, 2,305,630 and 370,670 potential common shares, respectively, were excluded from the calculation of diluted loss per share due to their effect of reducing the loss per share from continuing operations. Dilutive potential common shares consist of stock options, RSUs, and certain contingently issuable PSUs. In addition, for the years ended January 1, 2022, January 2, 2021 and December 28, 2019, stock options and RSUs to purchase or receive 347,236, 1,913,751 and 3,528,899 potential common shares, respectively, were anti-dilutive because the assumed proceeds exceeded the average market price of the Common Shares for the respective periods. (2) For the years ended January 1, 2022 and January 2, 2021, it was more dilutive to the loss per share from continuing operations to assume the Series B-1 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 B-1 Preferred Stock and the denominator was not adjusted to include 12,178,667 Common Shares issuable on an if-converted basis as at January 1, 2022 and January 2, 2021. (3) As described in note 15, on February 22, 2021, all shares of Series A Preferred Stock were exchanged for 12,633,427 Common Shares, representing 12.3% of the Company's issued and outstanding Common Shares on a post-exchange basis as at February 22, 2021. For the years ended January 2, 2021 and December 28, 2019, it was more dilutive to the loss per share from continuing operations to assume the Series A Preferred Stock was not converted into Common Shares and, therefore, the numerator of the diluted earnings (loss) 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 12,633,427 and 11,333,333 Common Shares issuable on an if-converted basis as at January 2, 2021 and December 28, 2019, respectively.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration