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Net Income (Loss) Per Common Share
 3 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Net Income (Loss) Per Common Share
Net Income (Loss) Per Common Share
 
The Company calculates net income (loss) per share in accordance with ASC Topic 260, Earnings Per Share (“Topic 260”). Under Topic 260, basic net income (loss) per common share is calculated by dividing net income (loss) by the weighted-average number of common shares outstanding during the reporting period. Diluted net income (loss) per common share reflects the effects of potentially dilutive securities.

 
 
For the Three Months Ended
(In millions, except earnings per share)
 
March 25,
2012
 
March 31,
2013
Loss from continuing operations (A)
 
$
(2.5
)
 
$
(8.2
)
Weighted average outstanding shares of common stock (B)
 
32.5

 
56.6

Dilutive effect of employee stock options and awards
 
—

 
—

Common stock and common stock equivalents (C)
 
32.5

 
56.6

Loss per share:
 
 
 
 
Basic (A/B)
 
$
(0.08
)
 
$
(0.14
)
Diluted (A/C)
 
$
(0.08
)
 
$
(0.14
)


The following shares were excluded from the calculation of diluted loss per share because their inclusion would have been anti-dilutive:
 
 
 
For the Three Months Ended
(In millions)
 
March 25,
2012
 
March 31,
2013
Shares from stock options and awards
 
2.8

 
5.5