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Common Shares and Net (Loss) Income per Common Share (Tables)
 12 Months Ended
Jan. 02, 2021
Earnings Per Share [Abstract]  
Reconciliation of Numerator and Denominators of Basic and Diluted Net (Loss) Income Per Common Share
Set forth below is a reconciliation of the numerator and denominator for the diluted net (loss) income per common share computations for the periods indicated:
For the Year Ended
January 2, 2021December 28, 2019December 29, 2018
Numerator (in millions):
Net (loss) income attributable to Primo Water Corporation
Continuing operations$(156.8)$(10.8)$15.4 
Discontinued operations25.1 13.7 367.5 
Net (loss) income(131.7)2.9 382.9 
Basic Earnings Per Share
Denominator (in thousands):
Weighted average common shares outstanding - basic155,446 135,224 139,097 
Basic Earnings Per Share:
Continuing operations(1.01)(0.08)0.11 
Discontinued operations0.16 0.10 2.64 
Net (loss) income(0.85)0.02 2.75 
Diluted Earnings Per Share
Denominator (in thousands):
Weighted average common shares outstanding - basic155,446 135,224 139,097 
Dilutive effect of Stock Options— — 1,199 
Dilutive effect of Performance based RSUs— — 900 
Dilutive effect of Time-based RSUs— — 240 
Weighted average common shares outstanding - diluted155,446 135,224 141,436 
Diluted Earnings Per Share:
Continued operations(1.01)(0.08)0.11 
Discontinued operations0.16 0.10 2.60 
Net (loss) income(0.85)0.02 2.71 
Summary of the Anti-dilutive Securities Excluded from the Computation of Diluted Net Income (Loss) Per Common Share
The following table summarizes anti-dilutive securities excluded from the computation of diluted net (loss) income per common share for the periods indicated:

 For the Year Ended
(in thousands)January 2, 2021December 28, 2019December 29, 2018
Stock options7,270 6,493 2,095 
Performance-based RSUs 1
1,185 1,594 564 
Time-based RSUs 2
548 397 148 
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1     Performance-based RSUs represent the number of shares expected to be issued based on the estimated achievement of pre-tax income for these awards.
2     Time-based RSUs represent the number of shares expected to be issued based on known employee retention information.