Annual report pursuant to Section 13 and 15(d)

Net Income Per Share (Tables)

v2.4.1.9
Net Income Per Share (Tables)
 12 Months Ended
Dec. 28, 2014
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Income Per Share
The computation of basic and diluted net income per share is as follows:
 
Year Ended
 
December 28, 2014
 
December 29, 2013
 
December 30, 2012
BASIC
 
 
 
 
 
NUMERATOR:
 
 
 
 
 
Net income
$
11,491

 
$
11,069

 
$
5,457

Less: liquidation preference and preferred return on series X preferred stock
—

 
—

 
577

Less: undistributed earnings allocated to participating interest
—

 
—

 
1,594

Net income available to common stockholders
$
11,491

 
$
11,069

 
$
3,286

DENOMINATOR:
 
 
 
 
 
Weighted-average common shares outstanding
16,427,732

 
16,276,999

 
6,809,576

Basic net income per common share
$
0.70

 
$
0.68

 
$
0.48

DILUTED
 
 
 
 
 
NUMERATOR:
 
 
 
 
 
Net income
$
11,491

 
$
11,069

 
$
5,457

Less: liquidation preference and preferred return on series X preferred stock
—

 
—

 
577

Less: undistributed earnings allocated to participating interest
—

 
—

 
91

Net income available to common and participating stockholders
$
11,491

 
$
11,069

 
$
4,789

DENOMINATOR:
 
 
 
 
 
Weighted-average common shares outstanding
16,427,732

 
16,276,999

 
6,809,576

Dilutive effect of preferred stock conversion
—

 
—

 
5,356,896

Dilutive effect of stock options
281,739

 
400,388

 
726,818

Weighted-average of diluted shares
16,709,471

 
16,677,387

 
12,893,290

Diluted net income per common share
$
0.69

 
$
0.66

 
$
0.37