Computation of Basic and Diluted Net Income Per Common Share

12 Months Ended

Dec. 30, 2017

Computation of Basic and Diluted Net Income Per Common Share

15. Computation 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 2017			FY 2016			FY 2015
	Year Ended			Year Ended			Year Ended
	December 30, 2017			December 31, 2016			January 2, 2016
Numerator:
Net (loss) income	$	(12,867	)	$	(11,713	)	$	474
Denominator:
Weighted average shares of common stock (basic)		11,555			10,173			9,962
Effect of dilutive preferred shares		—			—			—
Effect of dilutive stock options		—			—			154
Effect of dilutive contingent shares		—			—			12
Weighted average shares of common stock (diluted)		11,555			10,173			10,128
Per share data:
Basic net (loss) income per share	$	(1.11	)	$	(1.15	)	$	0.05
Diluted net (loss) income per share	$	(1.11	)	$	(1.15	)	$	0.05

As of December 30, 2017, December 31, 2016 and January 2, 2016 stock options, restricted stock units and restricted stock awards of 1,222,760, 808,079 and 399,166 shares, respectively, were excluded from the computation of diluted weighted average shares outstanding because to do so would have been anti-dilutive.