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Computation of Basic and Diluted Net Loss Per Common Share
12 Months Ended
Jan. 02, 2021
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Loss Per Common Share

16. Computation of Basic and Diluted Net Loss Per Common Share

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

 

 

 

FY 2020

 

 

FY 2019

 

 

 

Year Ended

 

 

Year Ended

 

 

 

January 2, 2021

 

 

December 28, 2019

 

Numerator:

 

 

 

 

 

 

 

 

Net loss

 

$

(6,329

)

 

$

(8,813

)

Denominator:

 

 

 

 

 

 

 

 

Weighted average shares of common stock (basic)

 

 

13,842

 

 

 

13,707

 

 

 

 

 

 

 

 

 

 

Weighted average shares of common stock (diluted)

 

 

13,842

 

 

 

13,707

 

Per share data:

 

 

 

 

 

 

 

 

Basic net loss per share

 

$

(0.46

)

 

$

(0.64

)

Diluted net loss per share

 

$

(0.46

)

 

$

(0.64

)

 

As of January 2, 2021 and December 28, 2019, stock options, restricted stock units and restricted stock awards of 1,407,410 and 1,162,049 shares, respectively, were excluded from the computation of diluted weighted average shares outstanding because to do so would have been anti-dilutive.