Computation of Basic and Diluted Net Income Per Common Share (Tables)

12 Months Ended

Jan. 02, 2016

Reconciliation of Numerator and Denominator of Basic and Diluted Net Income Per Common Share

A reconciliation of the numerator and denominator of basic and diluted net income per common share is provided as follows (in thousands, except per share amounts):

	FY 2015 Year Ended January 2, 2016		FY 2014 Year Ended January 3, 2015		FY 2013 Year Ended December 28, 2013
Numerator:
Net income	$	474	$	10,038	$	2,231
Denominator:
Weighted average shares of common stock (basic)		9,962		9,892		9,245
Effect of dilutive preferred shares		—		—		448
Effect of dilutive stock options		154		291		291
Effect of dilutive contingent shares		12		174		120
Weighted average shares of common stock (diluted)		10,128		10,357		10,104
Per share data:
Basic net income per share	$	0.05	$	1.01	$	0.24
Diluted net income per share	$	0.05	$	0.97	$	0.22