Net (Loss) Income Per Share

3 Months Ended

Mar. 27, 2022

Note 14. Net (Loss) Income Per Share

Basic and diluted net (loss) income per share attributable to Vital Farms, Inc. common stockholders were calculated as follows:

	13-Weeks Ended
	March 27, 2022			March 28, 2021
Numerator:
Net (loss) income	$	(1,538	)	$	3,480
Less: Net loss attributable to noncontrolling interests		(2	)		(11	)
Net (loss) income attributable to Vital Farms, Inc. stockholders’ — basic and diluted	$	(1,536	)	$	3,491
Denominator:
Weighted average common shares outstanding — basic		40,532,779			39,536,928
Weighted average effect of potentially dilutive securities:
Effect of potentially dilutive stock options		—			3,971,982
Effect of potentially dilutive restricted stock units		—			461
Effect of potentially dilutive common stock warrants		—			—
Effect of potentially dilutive redeemable convertible preferred stock		—			—
Weighted average common shares outstanding — diluted		40,532,779			43,509,371
Net (loss) income per share attributable to Vital Farms, Inc. stockholders
Basic	$	(0.04	)	$	0.09
Diluted	$	(0.04	)	$	0.08

For the 13-week period ended March 28, 2021, options to purchase 58,475 shares of common stock were excluded from the computation of diluted net income per share attributable to Vital Farms, Inc. common stockholders because including them would have been antidilutive.