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Net Loss Per Share
3 Months Ended
Apr. 02, 2016
Earnings Per Share [Abstract]  
Net Loss Per Share
NET LOSS PER SHARE
Basic net loss per share is computed by dividing net loss available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted net loss per share reflects the potential dilution that could occur if unvested restricted shares and outstanding options to purchase common stock were exercised. Options to purchase approximately 0.6 million shares and 0.3 million shares of common stock that were outstanding for the quarters ended April 2, 2016 and April 4, 2015, respectively, have been excluded from the calculation of diluted loss per share because inclusion of such shares would be anti-dilutive.
The following is a reconciliation of the Company’s basic and diluted net loss per share computations (shares in thousands):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
13 Weeks Ended
 
April 2, 2016
 
April 4, 2015
 
Shares
 
Net Loss
Per Share
 
 
 
Net Loss
Per Share
Basic
24,766

 
$
(0.37
)
 
24,486

 
$
(0.42
)
Effect of dilutive stock options

 

 

 

Diluted
24,766

 
$
(0.37
)
 
24,486

 
$
(0.42
)