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Earnings (Loss) Per Share
9 Months Ended
Oct. 03, 2017
Earnings Per Share [Abstract]  
Loss Per Share Earnings (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
 
Three Fiscal Quarters Ended
 
 
October 3,
2017
 
September 27,
2016
 
October 3,
2017
 
September 27,
2016
Net loss attributable to common stockholders
 
$
(8,335
)
 
$
(9,841
)
 
$
(44,962
)
 
$
(26,301
)
Shares:
 
 
 
 
 
 
 
 
Basic weighted average shares outstanding
 
41,109,827

 
27,802,020

 
36,639,382

 
27,786,827

Effect of dilutive securities
 

 

 

 

Diluted weighted average shares outstanding
 
41,109,827

 
27,802,020

 
36,639,382

 
27,786,827

Loss per share:
 
 
 
 
 
 
 
 
Basic loss per share
 
$
(0.20
)
 
$
(0.35
)
 
$
(1.23
)
 
$
(0.95
)
Diluted loss per share
 
$
(0.20
)
 
$
(0.35
)
 
$
(1.23
)
 
$
(0.95
)


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 4,575,537 and 2,813,079 for the third quarters of 2017 and 2016, respectively, and totaled 7,031,639 and 1,494,700 for first three quarters of 2017 and 2016, respectively.