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Basic and Diluted Net Income (Loss) Per Share (Tables)
12 Months Ended
Dec. 28, 2018
Earnings Per Share [Abstract]  
Summary of Computation of Basic and Diluted Net Income (Loss) Per Share

The following table sets forth the computation of basic and diluted net income (loss) per share (in thousands except per share amounts):

 

 

 

Years Ended

 

 

 

2018

 

 

2017

 

 

2016

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

4,968

 

 

$

(2,139

)

 

$

(12,129

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares:

 

 

 

 

 

 

 

 

 

 

 

 

Common shares outstanding

 

 

42,598

 

 

 

41,025

 

 

 

40,352

 

Less:  Unvested restricted stock

 

 

(11

)

 

 

(21

)

 

 

(23

)

Denominator for basic calculation

 

 

42,587

 

 

 

41,004

 

 

 

40,329

 

Weighted average effects of potentially diluted common stock:

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

 

2,360

 

 

 

 

 

 

 

Unvested restricted stock

 

 

10

 

 

 

 

 

 

 

Restricted stock units

 

 

300

 

 

 

 

 

 

 

Denominator for diluted calculation

 

 

45,257

 

 

 

41,004

 

 

 

40,329

 

Net income (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.12

 

 

$

(0.05

)

 

$

(0.30

)

Diluted

 

$

0.11

 

 

$

(0.05

)

 

$

(0.30

)

Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share The following table sets forth (in thousands) the weighted average number of options to purchase shares of common stock, restricted stock, and restricted stock units with either exercise prices or unrecognized compensation cost per share greater than the average market price per share of the Company’s common stock, which were not included in the calculation of diluted per share amounts because the effects would be anti-dilutive.

 

 

Years Ended

 

 

 

2018

 

 

2017

 

 

2016

 

Stock options

 

 

315

 

 

 

2,237

 

 

 

4,069

 

Restricted stock and restricted stock units

 

 

 

 

 

203

 

 

 

76

 

Total

 

 

315

 

 

 

2,440

 

 

 

4,145