Net Loss Per Common Share

9 Months Ended

Oct. 01, 2017

Earnings Per Share [Abstract]

Net Loss Per Common Share

Net Loss Per Common Share

The Company calculates net loss per share in accordance with FASB Accounting Standards Codification Topic 260, Earnings per Share (“Topic 260”). Under Topic260, basic net loss per common share is calculated by dividing net loss by the weighted-average number of common shares outstanding during the reporting period. Diluted net loss per common share reflects the effects of potentially dilutive securities.

Shares from stock options and awards, excluded from the calculation of diluted net loss per share because their inclusion would have been anti-dilutive, were 0.1 million and 0.2 million for the three and nine months ended October 1, 2017, respectively, and 1.2 million and 1.4 million for the three and nine months ended September 25, 2016, respectively.