XML 28 R18.htm IDEA: XBRL DOCUMENT v3.7.0.1
Earnings (Loss) Per Share (EPS)
 6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
EARNINGS (LOSS) PER SHARE (EPS)
EARNINGS (LOSS) PER SHARE (“EPS”)
The following table illustrates the calculation of basic and diluted EPS (in thousands, except per share amounts):
 
Three Months Ended
 
Six Months Ended
 
June 30,
2017
 
July 1,
2016
 
June 30,
2017
 
July 1,
2016
Numerator for basic and diluted EPS:
 
 
 
 
 
 
 
Net income (loss)
$
2,990

 
$
(770
)
 
$
(1,349
)
 
$
(13,430
)
Denominator for basic EPS:
 
 
 
 
 
 
 
Weighted average shares outstanding
31,302

 
30,767

 
31,159

 
30,743

Effect of dilutive securities:
 
 
 
 
 
 
 
Stock options, restricted stock and restricted stock units
680

 
—

 
—

 
—

Denominator for diluted EPS
31,982

 
30,767

 
31,159

 
30,743

Basic EPS
$
0.10

 
$
(0.03
)

$
(0.04
)
 
$
(0.44
)
Diluted EPS
$
0.09

 
$
(0.03
)
 
$
(0.04
)
 
$
(0.44
)

The diluted weighted average share calculations do not include the following securities, which are not dilutive to the EPS calculations or the performance criteria have not been met (in thousands):
 
Three Months Ended
 
Six Months Ended
 
June 30,
2017
 
July 1,
2016
 
June 30,
2017
 
July 1,
2016
Time-vested stock options, restricted stock and RSUs
556

 
1,916

 
1,599

 
1,916

Performance-vested restricted stock and PSUs
180

 
417

 
451

 
417