Net Income (Loss) Per Share

12 Months Ended

Dec. 30, 2015

13. NET INCOME (LOSS) PER SHARE

Basic net income (loss) per share is calculated using the weighted-average number of shares of common stock outstanding during the years ended December 30, 2015, December 31, 2014, and December 25, 2013. Diluted net income (loss) per share is calculated using the weighted-average number of shares of common stock outstanding and potentially dilutive during the period, using the treasury stock method.

Below are our basic and diluted net income (loss) per share data for the periods indicated, which are in thousands except for per share data.

For the Years Ended	December 30, 2015		December 31, 2014		December 25, 2013
Numerator:
Net income (loss)	$	24,054	$	42,463	$	(16,873	)
Denominator:
Weighted-average shares outstanding—Basic		37,949,316		32,285,484		28,712,622
Weighted-average shares outstanding—Diluted		39,039,558		34,346,241		28,712,622
Net income (loss) per share—Basic	$	0.63	$	1.32	$	(0.59	)
Net income (loss) per share—Diluted	$	0.62	$	1.24	$	(0.59	)
Anti-dilutive securities not considered in diluted EPS calculation		214,411		5,865		1,709,748

For the year ended December 25, 2013, potentially dilutive securities, which consist of options to purchase 1,709,748 shares of common stock at prices ranging from $1.81 to $12.72 were not included in the computation of diluted net loss per share because such inclusion would be antidilutive.

Below is a reconciliation of basic and diluted share counts.

For the Years Ended	December 30, 2015		December 31, 2014		December 25, 2013
Weighted-average shares outstanding—Basic		37,949,316		32,285,484		28,712,622
Dilutive effect of stock options and restricted shares		1,090,242		2,060,757		—
Weighted-average shares outstanding—Diluted		39,039,558		34,346,241		28,712,622