Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share

v3.20.4
Net Loss Per Share
3 Months Ended
Jan. 02, 2021
Earnings Per Share [Abstract]  
Net Loss Per Share

Note 12—Net Loss Per Share

The table below reconciles basic weighted average common shares outstanding to diluted weighted average common shares outstanding:

 

 

 

Three months ended

 

 

 

January 2,

2021

 

 

December 28,

2019

 

Weighted average common shares outstanding, used for basic computation

 

 

176,989,755

 

 

 

156,500,000

 

Plus: Incremental shares of potentially dilutive securities

 

 

-

 

 

 

-

 

Weighted average number of common and dilutive potential common shares outstanding

 

 

176,989,755

 

 

 

156,500,000

 

 

Stock options and restricted stock units not included in the computation of diluted net loss per share were 4,604,118 and 5,949,305 for the three months ended January 2, 2021 because their inclusion would have been anti-dilutive. No potentially dilutive securities were outstanding during the three months ended December 28, 2019.