Select Comfort Corporation Just Filed Its Quarterly Report: Net (Loss) Income pe...

Net (Loss) Income per Common Share
  
The components of basic and diluted net (loss) income per share were as follows (in thousands, except per share amounts):
 
Three Months Ended
 
Six Months Ended
 
July 1,
2017
 
July 2,
2016
 
July 1,
2017
 
July 2,
2016
Net (loss) income
$
(778
)
 
$
1,416

 
$
23,683

 
$
14,385

 
 
 
 
 
 
 
 
Reconciliation of weighted-average shares outstanding:
 
 
 

 
 
 
 
Basic weighted-average shares outstanding
41,716

 
46,394

 
42,233

 
47,247

Dilutive effect of stock-based awards

 
650

 
847

 
698

Diluted weighted-average shares outstanding
41,716

 
47,044

 
43,080

 
47,945

 
 
 
 
 
 
 
 
Net (loss) income per share – basic
$
(0.02
)
 
$
0.03

 
$
0.56

 
$
0.30

Net (loss) income per share – diluted
$
(0.02
)
 
$
0.03

 
$
0.55

 
$
0.30


For the three months ended July 1, 2017, potentially dilutive stock-based awards have been excluded from the calculation of diluted weighted-average shares outstanding, as their inclusion would have had an anti-dilutive effect on our net loss per diluted share. For the six months ended July 1, 2017 and the three and six months ended July 2, 2016, anti-dilutive stock-based awards excluded from the diluted net income per share calculations were immaterial.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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