Net Loss Per Common Share (Tables)

3 Months Ended

Apr. 01, 2017

Earnings Per Share [Abstract]

Reconciliation of Denominators of Basic and Diluted Net Loss Per Common Share

Set forth below is a reconciliation of the denominator for the diluted net loss per common share computations for the periods indicated:

	For the Three Months Ended
(in thousands)	April 1, 2017			April 2, 2016
Diluted net loss attributed to Cott Corporation (numerator)	$	(36.4	)	$	(2.8	)
Weighted average common shares outstanding - basic		138,735			113,267
Dilutive effect of Stock Options		—			—
Dilutive effect of Performance-based RSUs		—			—
Dilutive effect of Time-based RSUs		—			—
Weighted average common shares outstanding - diluted (denominator)		138,735			113,267

Summary of the Anti-dilutive Securities Excluded from the Computation of Diluted Net Loss Per Common Share

The following table summarizes anti-dilutive securities excluded from the computation of diluted net loss per common share for the periods indicated:

	For the Three Months Ended
(in thousands)	April 1, 2017		April 2, 2016
Stock Options		4,474		2,892
Performance-based RSUs 1		1,824		2,003
Time-based RSUs		721		733

^1.  Performance-based RSUs represent the number of shares expected to be issued based primarily on the estimated achievement of cumulative pre-tax income targets for these awards.