Annual report pursuant to Section 13 and 15(d)

Note 11 - Loss Per Share

v3.19.1
Note 11 - Loss Per Share
12 Months Ended
Dec. 30, 2018
Notes to Financial Statements  
Earnings Per Share [Text Block]
1
1
.
L
oss per share
 
The following table details the weighted average number of shares outstanding for the purposes of computing basic and diluted loss per share for:
 
Number of common shares
 
Year ended
December 30,
2018
   
Year ended
December 31,
2017
   
Year ended
January 1,
2017
 
Basic weighted average shares outstanding
   
19,176,198
     
16,788,231
     
16,504,106
 
Dilutive stock awards (a) (b)
   
     
     
 
                         
Diluted weighted average shares outstanding
   
19,176,198
     
16,788,231
     
16,504,106
 
 
 

(a)
Dilutive stock awards include outstanding RSUs, in-the money stock options and outstanding exercisable warrants determined using the treasury stock method.
 
(b)
For the periods ended
December 30, 2018,
December 31, 2017
and
January 1, 2017,
as a result of a net loss for the periods, dilutive earnings per share was calculated using the basic weighted average shares outstanding as the effect of potential common shares would have been anti-dilutive. Had there been net earnings, dilutive stock awards would have been calculated as
1,331,226
for the year ended
December 30, 2018 (
608,102
for the year ended
December 
31,
2017
and
1,060,049
for the year ended
January 1, 2017).