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Net Income (Loss) Per Common Share
6 Months Ended
Jun. 30, 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.

 
 
For the Three Months Ended
 
For the Six Months Ended
(In millions, except earnings per share)
 
June 24,
2012
 
June 30,
2013
 
June 24,
2012
 
June 30,
2013
Loss from continuing operations (A)
 
$
(14.9
)
 
$
(7.1
)
 
$
(17.4
)
 
$
(15.5
)
Weighted average outstanding shares of common stock (B)
 
41.7

 
56.6

 
37.1

 
56.6

Dilutive effect of employee stock options and awards
 

 

 

 

Common stock and common stock equivalents (C)
 
41.7

 
56.6

 
37.1

 
56.6

Loss per share:
 
 
 
 
 
 
 
 
Basic (A/B)
 
$
(0.36
)
 
$
(0.12
)
 
$
(0.47
)
 
$
(0.27
)
Diluted (A/C)
 
$
(0.36
)
 
$
(0.12
)
 
$
(0.47
)
 
$
(0.27
)