v3.7.0.1
Net Income (Loss) per Share Attributable to Common Stockholders (Tables)
6 Months Ended
Jul. 01, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The calculations of basic and diluted net income (loss) per share and basic and dilutive weighted-average shares outstanding for the three and six months ended July 1, 2017 and June 25, 2016 were as follows (in thousands, except per share data):
 
Three Months Ended
 
Six Months Ended
 
July 1, 2017
 
June 25, 2016
 
July 1, 2017
 
June 25, 2016
Numerator:
 
 
 
 
 
 
 
Net income (loss) attributable to common stockholders - basic
$
874

 
$
(3,419
)
 
$
1,066

 
$
3,336

Net income attributable to common stockholders - diluted
$
885

 
$

 
$
1,077

 
$

 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Weighted-average shares outstanding - basic
29,556

 
32,136

 
29,352

 
32,183

 
 
 
 
 
 
 
 
Dilutive impact from:
 
 
 
 
 
 
 
Options outstanding
1,962

 

 
1,786

 
1,052

Restricted stock units
702

 

 
608

 
847

Weighted-average shares outstanding - dilutive
32,220

 
32,136

 
31,746

 
34,082

 
 
 
 
 
 
 
 
Net income (loss) per share attributable to common stockholders (Basic):
 
 
 
 
 
 
 
Income (loss) from continuing operations attributable to common stockholders
$
0.03

 
$
(0.11
)
 
$
0.04

 
$
(0.14
)
Income from discontinued operations attributable to common stockholders

 

 

 
0.24

Net income (loss) per share attributable to common stockholders
$
0.03

 
$
(0.11
)
 
$
0.04

 
$
0.10

 
 
 
 
 
 
 
 
Net income (loss) per share attributable to common stockholders (Diluted):
 
 
 
 
 
 
 
Income (loss) from continuing operations attributable to common stockholders
$
0.03

 
$
(0.11
)
 
$
0.03

 
$
(0.13
)
Income from discontinued operations attributable to common stockholders

 

 

 
0.23

Net income (loss) per share attributable to common stockholders
$
0.03

 
$
(0.11
)
 
$
0.03

 
$
0.10

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following equity shares were excluded from the calculation of diluted net income per share from continuing operations and discontinued operations because their effect would have been antidilutive for the periods presented (in thousands):
 
Three Months Ended
 
Six Months Ended
 
July 1,
2017
 
June 25,
2016
 
July 1,
2017
 
June 25,
2016
Stock options
1,398

 
4,452

 
1,292

 
617

Restricted stock units
24

 
2,064

 
14

 
1,217

Series A Redeemable Convertible Preferred Stock (as converted to common stock)
4,659

 

 
4,659

 

The Series A Preferred Stock is considered antidilutive due to the fact that the two-class method was more dilutive when calculating dilutive net income per share attributable to common stockholders.