Computation of Basic and Diluted EPS |
The computation of basic and diluted EPS is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | July 2, 2023 | | July 3, 2022 | | July 2, 2023 | | July 3, 2022 | Basic and diluted EPS: | | | | | | | | Income (loss) from continuing operations | $ | 3,829 | | | $ | (6,488) | | | $ | 1,685 | | | $ | (7,789) | | Income from discontinued operations, net of tax | 30 | | | 267 | | | 265 | | | 212 | | Net income (loss) | $ | 3,859 | | | $ | (6,221) | | | $ | 1,950 | | | $ | (7,577) | | Less: income allocated to participating securities | 81 | | | — | | | 39 | | | — | | Net income (loss) available to common shareholders | $ | 3,778 | | | $ | (6,221) | | | $ | 1,911 | | | $ | (7,577) | | Weighted average common shares—basic | 25,566,740 | | | 24,946,674 | | | 25,493,415 | | | 24,889,650 | | Restricted stock units | — | | | — | | | — | | | — | | Weighted average common shares—diluted | 25,566,740 | | | 24,946,674 | | | 25,493,415 | | | 24,889,650 | | | | | | | | | | Earnings (loss) from continuing operations per common share—basic | $ | 0.15 | | | $ | (0.26) | | | $ | 0.06 | | | $ | (0.31) | | Earnings (loss) from discontinued operations per common share—basic | — | | | 0.01 | | | 0.01 | | | 0.01 | | Earnings (loss) per common share—basic | $ | 0.15 | | | $ | (0.25) | | | $ | 0.07 | | | $ | (0.30) | | | | | | | | | | Earnings (loss) from continuing operations per common share—diluted | $ | 0.15 | | | $ | (0.26) | | | $ | 0.06 | | | $ | (0.31) | | Earnings (loss) from discontinued operations per common share—diluted | — | | | 0.01 | | | 0.01 | | | 0.01 | | Earnings (loss) per common share—diluted | $ | 0.15 | | | $ | (0.25) | | | $ | 0.07 | | | $ | (0.30) | |
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