v3.19.2
Net (Loss) Income per Share Attributable to Common Stockholders (Tables)
6 Months Ended
Jun. 29, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The calculations of basic and diluted net (loss) income per share and basic and diluted weighted-average shares outstanding for the three and six months ended June 29, 2019 and June 30, 2018 were as follows (in thousands, except per share data):
 
Three Months Ended
 
Six Months Ended
 
June 29, 2019
 
June 30, 2018
 
June 29, 2019
 
June 30, 2018
Numerator:
 
 
 
 
 
 
 
Basic:
 
 
 
 
 
 
 
Net (loss) income attributable to common stockholders
$
(65,506
)
 
$
(834
)
 
$
(67,252
)
 
$
1,020

Diluted:
 
 
 
 
 
 
 
Net (loss) income attributable to common stockholders
$
(65,506
)
 
$
(834
)
 
$
(67,252
)
 
$
1,020

Plus: undistributed earnings allocated to participating securities

 

 

 
1,508

Less: undistributed earnings reallocated to participating securities

 

 

 
(1,496
)
Net (loss) income attributable to common stockholders
$
(65,506
)
 
$
(834
)
 
$
(67,252
)
 
$
1,032

 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Weighted-average shares outstanding - basic
32,537

 
30,591

 
32,373

 
30,792

 
 
 
 
 
 
 
 
Dilutive impact from:
 
 
 
 
 
 
 
Options outstanding

 

 

 
1,967

Restricted stock units

 

 

 
727

Weighted-average shares outstanding - dilutive
32,537

 
30,591

 
32,373

 
33,486

 
 
 
 
 
 
 
 
Net (loss) income per share attributable to common stockholders (Basic):
$
(2.01
)
 
$
(0.03
)
 
$
(2.08
)
 
$
0.03

Net (loss) income per share attributable to common stockholders (Diluted):
$
(2.01
)
 
$
(0.03
)
 
$
(2.08
)
 
$
0.03

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 attributable to common stockholders because their effect would have been anti-dilutive for the periods presented (in thousands).
 
Three Months Ended
 
Six Months Ended
 
June 29,
2019
 
June 30,
2018
 
June 29,
2019
 
June 30,
2018
Stock options
3,189

 
4,002

 
3,189

 
846

Restricted stock units
2,412

 
2,514

 
2,412

 
684

Series A Redeemable Convertible Preferred Stock (as converted to common stock)
5,183

 
4,915

 
5,183

 
4,915