XML 57 R12.htm IDEA: XBRL DOCUMENT v3.19.3
Diluted Net Income Per Share
3 Months Ended
Aug. 25, 2019
Earnings Per Share [Abstract]  
Diluted Net Income Per Share
Diluted Net Income Per Share 
The following table sets forth the computation of diluted net income per share:
 
Three Months Ended
(In thousands, except per share amounts)
August 25,
2019
 
August 26,
2018
Numerator:
 
 
 
Net (loss) income applicable to Common Stockholders
$
(4,784
)
 
$
190

Denominator:
 
 
 
Weighted average shares for basic net income per share
29,139

 
27,738

Effect of dilutive securities:
 
 
 
Stock options and restricted stock units

 
282

Weighted average shares for diluted net income per share
29,139

 
28,020

 
 
 
 
Diluted net (loss) income per share
$
(0.16
)
 
$
0.01


Due to the Company’s net loss for the three months ended August 25, 2019, the net loss per share includes only weighted average shares outstanding and thus excludes 0.1 million of outstanding options and RSUs as such impacts would be antidilutive for this period. For the three months ended August 25, 2019 and August 26, 2018, the computation of the diluted net income per share excludes the impact of options to purchase 2.6 million and 1.4 million shares of Common Stock, respectively, as such impacts would be antidilutive for this period.