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

12 Months Ended

Dec. 27, 2014

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

The following table sets forth the computation of net income (loss) per common share—basic and diluted (in thousands, except per share amounts):

	Years Ended
	December 27, 2014		December 28, 2013			December 29, 2012
Numerator:
Net income (loss)	$	13,659	$	(32,119	)	$	(85,330	)
Denominator:
Basic weighted average common shares outstanding	123,672		117,425			110,739
Effect of dilutive securities:
Employee equity plans	4,778		—			—
Assumed conversion of convertible senior notes from conversion spread	115		—			—
Dilutive weighted average common shares outstanding	128,565		117,425			110,739
Net income (loss) per common share
Basic	$	0.11	$	(0.27	)	$	(0.77	)
Diluted	$	0.11	$	(0.27	)	$	(0.77	)

Antidilutive Shares Excluded from Computation of Diluted Net Income (Loss) Per Share

The effects of these potentially outstanding shares were not included in the calculation of diluted net income (loss) per share because their effect would have been anti-dilutive under the treasury stock method or the performance condition of the award has not been met (in thousands):

	As of
	December 27, 2014	December 28, 2013	December 29, 2012
Stock options outstanding	362	6,367	9,008
Restricted stock units	331	6,583	6,703
Performance stock units	124	721	1,368
Employee stock purchase plan shares	741	661	1,100
Warrants to purchase common stock	—	—	93
Total	1,558	14,332	18,272