v3.8.0.1
Earnings (Loss) Per Share
9 Months Ended
Sep. 24, 2017
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share

(3) Earnings (Loss) Per Share

 

Basic and diluted income per common share attributable to common stockholders was calculated using the weighted average number of common shares outstanding for the period. Diluted income per common share attributable to common stockholders is computed by dividing the income allocated to common stockholders by the weighted average number of fully diluted common shares outstanding. In periods of a net loss, no potential common shares are included in diluted shares outstanding as the effect is anti-dilutive. For the 13 weeks ended September 24, 2017, the Company had a loss per share, therefore, shares were excluded for potential stock option exercises and warrant exercises.

 

The following table summarizes the earnings (loss) per share calculation:

 

 

 

For the 13 Weeks Ended

 

 

For the 39 Weeks Ended

 

 

 

September 24,

 

 

September 25,

 

 

September 24,

 

 

September 25,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Net income (loss) attributable to Potbelly Corporation

 

$

(240

)

 

$

1,795

 

 

$

305

 

 

$

6,256

 

Weighted average common shares outstanding-basic

 

 

24,959,023

 

 

 

25,240,374

 

 

 

25,030,951

 

 

 

25,772,846

 

Plus: Effect of potential stock options exercise

 

 

 

 

 

533,249

 

 

 

770,965

 

 

 

514,257

 

Plus: Effect of potential warrant exercise

 

 

 

 

 

56,347

 

 

 

55,167

 

 

 

54,810

 

Weighted average common shares outstanding-diluted

 

 

24,959,023

 

 

 

25,829,970

 

 

 

25,857,083

 

 

 

26,341,913

 

Income (loss) per share available to common stockholders-basic

 

$

(0.01

)

 

$

0.07

 

 

$

0.01

 

 

$

0.24

 

Income (loss) per share available to common stockholders-diluted

 

$

(0.01

)

 

$

0.07

 

 

$

0.01

 

 

$

0.24

 

Potentially dilutive shares that are considered anti-dilutive:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common share options

 

 

4,012,073

 

 

 

1,233,294

 

 

 

1,151,317

 

 

 

1,236,599