Computation of Basic and Diluted Net Income (Loss) Per Common Share (Tables)

12 Months Ended

Jan. 03, 2015

Reconciliation of Numerator and Denominator of Basic and Diluted Net Income (Loss) Per Common Share

A reconciliation of the numerator and denominator of basic and diluted net income (loss) per common share is provided as follows (in thousands, except per share amounts):

	FY 2014 Year Ended January 3, 2015		FY 2013 Year Ended December 28, 2013		FY 2012 Year Ended December 29, 2012
Numerator:
Income (loss) from continuing operations	$	10,038	$	2,231	$	(170	)
Income from discontinued operations		—		—		1,608
Net income	$	10,038	$	2,231	$	1,438
Denominator:
Weighted average shares of common stock (basic)		9,892		9,245		8,935
Effect of dilutive preferred shares		—		448		—
Effect of dilutive stock options		291		291		—
Effect of dilutive contingent shares		174		120		—
Weighted average shares of common stock (diluted)		10,357		10,104		8,935
Per share data:
Basic net income (loss) per share:
Net income (loss) before discontinued operations	$	1.01	$	0.24	$	(0.02	)
Discontinued operations		0.00		0.00		0.18
Net income	$	1.01	$	0.24	$	0.16
Diluted net income (loss) per share:
Net income (loss) before discontinued operations	$	0.97	$	0.22	$	(0.02	)
Discontinued operations		0.00		0.00		0.18
Net income	$	0.97	$	0.22	$	0.16