XML 22 R11.htm IDEA: XBRL DOCUMENT v3.19.2
Earnings (Loss) Per Share
6 Months Ended
Jun. 25, 2019
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share
Earnings (Loss) Per Share
Basic earnings (loss) per share (“EPS”) data is computed based on the weighted average number of shares of common stock outstanding during the periods. Diluted EPS data is computed based on the weighted average number of shares of common stock outstanding, including all potentially issuable shares of common stock. We incurred a net loss for the 13 weeks and 26 weeks ended June 25, 2019, and therefore, diluted shares outstanding equaled basic shares outstanding. We incurred a net loss for the 13 weeks and 26 weeks ended June 26, 2018, and therefore, diluted shares outstanding equaled basic shares outstanding.
The following table details our basic and diluted earnings per common share calculation:໿

13 Weeks Ended
 
26 Weeks Ended
(Amounts in thousands, except per share data)
June 25, 2019
 
June 26, 2018
 
June 25, 2019
 
June 26, 2018
Net loss
$
(6,398
)
 
$
(1,562
)
 
$
(24,725
)
 
$
(1,162
)
Shares:
 
 
 
 
 
 
 
Weighted-average common shares outstanding—basic
33,417

 
20,377

 
33,387

 
20,347

Effect of dilutive shares

 

 

 

Weighted-average common shares outstanding—diluted
33,417

 
20,377

 
33,387

 
20,347


 
 
 
 
 
 
 
Loss per share—basic
$
(0.19
)
 
$
(0.08
)
 
$
(0.74
)
 
$
(0.06
)
Loss per share—diluted
$
(0.19
)
 
$
(0.08
)
 
$
(0.74
)
 
$
(0.06
)