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Earnings (Loss) per Share
3 Months Ended
Mar. 30, 2019
Earnings Per Share [Abstract]  
Earnings (Loss) per Share Earnings (Loss) per Share
We calculate basic earnings (loss) per share by dividing net income (loss) by the weighted average number of common shares outstanding. We calculate diluted earnings per share by dividing net income by the weighted average number of common shares outstanding plus the dilutive effect of outstanding share-based awards, including restricted stock units, performance shares, and performance units. Due to the financial results for the three-month periods ended March 30, 2019 and March 31, 2018, 0.1 million and 0.2 million, respectively, of incremental shares from share-based compensation arrangements were excluded from the computation of diluted weighted average shares outstanding, because their effect would be anti-dilutive.
The reconciliation of basic loss and diluted loss per common share for the three-month periods of fiscal 2019 and 2018 were as follows:
 
Three Months Ended
(in thousands, except per share data)
March 30, 2019
 
March 31, 2018
Net loss
$
(6,719
)
 
$
(13,427
)
 
 
 
 
Weighted-average shares outstanding - basic
9,337

 
9,137

Dilutive effect of share-based awards

 

Weighted-average shares outstanding - diluted
9,337

 
9,137

 
 
 
 
Basic loss per share
$
(0.72
)
 
$
(1.47
)
Diluted loss per share
$
(0.72
)
 
$
(1.47
)