Earnings Per Share (Notes)

9 Months Ended

Mar. 29, 2013

Earnings Per Share [Abstract]

Earnings Per Share

EARNINGS PER SHARE

Basic net income (loss) per common share is computed by dividing unaudited consolidated net income (loss) by the weighted average number of common shares outstanding during the period. Diluted net income (loss) per share is computed by dividing consolidated net income (loss) by the weighted average number of common shares outstanding and dilutive common shares outstanding during the period. The dilutive effect of outstanding options and RSUs is reflected in diluted net income per share, but not diluted loss per share, by application of the treasury stock method, which includes consideration of share-based compensation required by accounting principles generally accepted in the U.S.

The following table sets forth the computation of basic and diluted net income (loss) per share for the three and nine months ended March 29, 2013 and March 30, 2012 (in thousands, except per share amount):

	Three Months Ended					Nine Months Ended
	March 29, 2013		March 30, 2012			March 29, 2013		March 30, 2012
Numerator:
Net income (loss)	$	9,224	$	(1,162	)	$	1,645	$	(6,075	)
Denominator:
Weighted-average common shares - basic	33,201		31,783			32,593		31,557
Effect of dilutive potential common shares	1,266		—			702		—
Weighted-average common shares - diluted	34,467		31,783			33,295		31,557
Basic net income (loss) per share	$	0.28	$	(0.04	)	$	0.05	$	(0.19	)
Diluted net income (loss) per share	$	0.27	$	(0.04	)	$	0.05	$	(0.19	)

The following potential common shares have been excluded from the basic net income (loss) per share calculations, as their effect would have been anti-dilutive (in thousands):

	Three Months Ended		Nine Months Ended
	March 29, 2013	March 30, 2012	March 29, 2013	March 30, 2012
Options, RSUs, and ESPP	2,623	4,702	3,230	4,761