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Earnings (Loss) per Share
 6 Months Ended
Jun. 29, 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, and performance units. Due to the financial results for six month period ended June 29, 2019, and the three and six month periods ended June 30, 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 six-month periods of fiscal 2019 and 2018 were as follows:
 
Three Months Ended
 
Six Months Ended
(in thousands, except per share data)
June 29, 2019
 
June 30, 2018
 
June 29, 2019
 
June 30, 2018
Net income (loss)
$
6,301

 
$
(8,558
)
 
$
(418
)
 
$
(21,985
)
 
 
 
 
 
 
 
 
Weighted-average shares outstanding - basic
9,351

 
9,215

 
9,344

 
9,176

Dilutive effect of share-based awards
8

 
—

 
—

 
—

Weighted-average shares outstanding - diluted
9,359

 
9,215

 
$
9,344

 
$
9,176

 
 
 
 
 
 
 
 
Basic earnings (loss) per share
$
0.67

 
$
(0.93
)
 
$
(0.04
)
 
$
(2.40
)
Diluted earnings (loss) per share
$
0.67

 
$
(0.93
)
 
$
(0.04
)
 
$
(2.40
)