Computation of Basic and Diluted Net (Loss) Income Per Common Share (Tables)

9 Months Ended

Sep. 29, 2012

Computation of Basic and Diluted Net (Loss) Income Per Common Share [Abstract]

Reconciliation of the numerator and denominator of basic and diluted net income per common share

A reconciliation of the numerator and denominator of basic and diluted net income per common share is provided as follows (in thousands, except per share amounts):

	Three Months Ended					Nine Months Ended
	September 29, 2012			October 1, 2011		September 29, 2012			October 1, 2011
Numerator:
(Loss) income from continuing operations	$	(555	)	$	256	$	(423	)	$	1,340
(Loss) income from discontinued operations		(190	)		93		1,619			484
Net (loss) income	$	(745	)	$	349	$	1,196		$	1,824
Denominator:
Weighted average shares of common stock (basic)		9,005			8,965		8,974			8,963
Effect of dilutive preferred shares		0			1,000		0			1,000
Effect of dilutive stock options		0			251		0			250
Effect of dilutive contingent shares		0			37		0			20
Weighted average shares of common stock (diluted)		9,005			10,253		8,974			10,233
Per share data:
Basic (loss) income per share:
(Loss) income before discontinued operations	$	(0.06	)	$	0.03	$	(0.05	)	$	0.15
Discontinued operations		(0.02	)		0.01		0.18			0.05
Net (loss) income	$	(0.08	)	$	0.04	$	0.13		$	0.20
Diluted (loss) income per share:
(Loss) income before discontinued operations		(0.06	)		0.02		(0.05	)		0.13
Discontinued operations		(0.02	)		0.01		0.18			0.05
Net (loss) income	$	(0.08	)	$	0.03	$	0.13		$	0.18