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Earnings (Loss) Per Share
 6 Months Ended
Jul. 04, 2017
Earnings Per Share [Abstract]  
Loss Per Share arnings (Loss) Per Share
Basic earnings per share (“EPS”) is calculated by dividing net income (loss) available to common stockholders by the weighted-average number of shares of common stock outstanding during each period. Diluted EPS is calculated using net income (loss) available to common stockholders divided by diluted weighted-average shares of common stock outstanding during each period. Potentially dilutive securities include shares of common stock underlying stock options, warrants and restricted common stock. Diluted EPS considers the impact of potentially dilutive securities except in periods in which there is a loss because the inclusion of the potential common shares would have an anti-dilutive effect.
The following table sets forth the computations of basic and diluted EPS (in thousands, except share and per share data):
 
 
Fiscal Quarter Ended
 
Two Fiscal Quarters Ended
 
 
July 4,
2017
 
June 28,
2016
 
July 4,
2017
 
June 28,
2016
Net loss attributable to common stockholders
 
$
(8,816
)
 
$
(14,087
)
 
$
(36,627
)
 
$
(16,460
)
Shares:
 
 
 
 
 
 
 
 
Basic weighted average shares outstanding
 
40,779,277

 
27,776,094

 
34,404,222

 
27,754,615

Effect of dilutive securities
 
—

 
—

 
—

 
—

Diluted weighted average shares outstanding
 
40,779,277

 
27,776,094

 
34,404,222

 
27,754,615

Loss per share:
 
 
 
 
 
 
 
 
Basic loss per share
 
$
(0.22
)
 
$
(0.51
)
 
$
(1.06
)
 
$
(0.59
)
Diluted loss per share
 
$
(0.22
)
 
$
(0.51
)
 
$
(1.06
)
 
$
(0.59
)


The Company computes the effect of dilutive securities using the treasury stock method and average market prices during the period. Potential common shares are excluded from the computation of diluted earnings (loss) per share when the effect would be anti-dilutive. All potential common shares are anti-dilutive in periods of net loss. The number of shares issuable on the vesting or exercise of share based awards or exercise of outstanding warrants excluded from the calculation of diluted loss per share because the effect of their inclusion would have been anti-dilutive totaled 3,393,950 and 1,561,256 for the second quarters of 2017 and 2016, respectively, and totaled 5,631,982 and 1,559,515 for first two quarters of 2017 and 2016, respectively.