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Basic and Diluted Net Income (Loss) Per Share (Tables)
3 Months Ended
Apr. 03, 2020
Earnings Per Share [Abstract]  
Summary of Computation of Basic and Diluted Net Income (Loss) Per Share

The following table sets forth the computation of basic and diluted net income (loss) per share (in thousands except per share amounts):

 

 

 

Three Months Ended

 

 

 

April 3, 2020

 

 

March 29, 2019

 

Numerator:

 

 

 

 

 

 

 

 

Net income (loss)

 

$

(134

)

 

$

1,367

 

Denominator:

 

 

 

 

 

 

 

 

Weighted average common shares:

 

 

 

 

 

 

 

 

Common shares outstanding

 

 

44,964

 

 

 

44,246

 

Less:  Unvested restricted stock

 

 

(11

)

 

 

(11

)

Denominator for basic calculation

 

 

44,953

 

 

 

44,235

 

Weighted average effects of potentially diluted common stock:

 

 

 

 

 

 

 

 

Stock options

 

 

 

 

 

2,418

 

Unvested restricted stock

 

 

 

 

 

252

 

Restricted stock units

 

 

 

 

 

8

 

Denominator for diluted calculation

 

 

44,953

 

 

 

46,913

 

Net income (loss) per share:

 

 

 

 

 

 

 

 

Basic

 

$

(0.00

)

 

$

0.03

 

Diluted

 

$

(0.00

)

 

$

0.03

 

Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share

 

 

 

Three Months Ended

 

 

 

April 3, 2020

 

 

March 29, 2019

 

Stock options

 

 

3,771

 

 

 

672

 

Restricted stock and restricted stock units

 

 

88

 

 

 

 

Total

 

 

3,859

 

 

 

672