| Loss 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
January 3,
2021
|
|
|
Year ended
December 29,
2019
|
|
|
Year ended
December 30,
2018
|
|
|
Basic weighted average shares outstanding
|
|
|
28,244,244
|
|
|
|
25,745,499
|
|
|
|
19,176,198
|
|
|
Dilutive stock awards (a) (b)
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
Diluted weighted average shares outstanding
|
|
|
28,244,244
|
|
|
|
25,745,499
|
|
|
|
19,176,198
|
|
|
|
(a)
|
Dilutive stock awards include outstanding RSUs, in-the money stock options and outstanding exercisable warrants determined using the treasury stock method.
|
|
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(b)
|
For the periods ended January 3, 2021, December 29, 2019 and December 30, 2018, 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 1,474,297 for fiscal year ended January 3, 2021, 1,284,682 for the fiscal year ended December 29, 2019 and 1,331,226 for the fiscal year ended December 30, 2018.
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