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Earnings Per Share
 3 Months Ended
Mar. 30, 2014
Earnings Per Share [Abstract]  
Earnings Per Share
EARNINGS PER SHARE

The following data shows the amounts used in computing earnings per share and the effect on net earnings from continuing operations attributable to Checkpoint Systems, Inc. and the weighted-average number of shares of dilutive potential common stock:
 
Quarter
 
(13 weeks) Ended
(amounts in thousands, except per share data)
March 30,
2014

 
March 31,
2013

 
 
 
(As Restated)

Basic loss from continuing operations attributable to Checkpoint Systems, Inc. available to common stockholders
$
(129
)
 
$
(4,867
)
Basic loss from discontinued operations, net of tax expense of $0 and $134
—

 
(2,556
)
Diluted loss from continuing operations attributable to Checkpoint Systems, Inc. available to common stockholders
(129
)
 
(4,867
)
Diluted loss from discontinued operations, net of tax expense of $0 and $134
$
—

 
$
(2,556
)
 
 
 
 
Shares:
 
 
 
Weighted-average number of common shares outstanding
41,541

 
40,784

Vested shares issuable under deferred compensation agreements
345

 
404

Basic weighted-average number of common shares outstanding
41,886

 
41,188

Common shares assumed upon exercise of stock options and awards
—

 
—

Unvested shares issuable under deferred compensation arrangements
—

 
—

Dilutive weighted-average number of common shares outstanding
41,886

 
41,188

 
 
 
 
Basic loss attributable to Checkpoint Systems, Inc. per share:
 
 
 
Loss from continuing operations
$
—

 
$
(0.12
)
Loss from discontinued operations, net of tax
—

 
(0.06
)
Basic loss attributable to Checkpoint Systems, Inc. per share
$
—

 
$
(0.18
)
 
 
 
 
Diluted loss attributable to Checkpoint Systems, Inc. per share:
 
 
 
Loss from continuing operations
$
—

 
$
(0.12
)
Loss from discontinued operations, net of tax
—

 
(0.06
)
Diluted loss attributable to Checkpoint Systems, Inc. per share
$
—

 
$
(0.18
)


Anti-dilutive potential common shares are not included in our earnings per share calculation. The Long-term Incentive Plan restricted stock units were excluded from our calculation due to the performance of vesting criteria not being met.








The number of anti-dilutive common share equivalents for the three months ended March 30, 2014 and March 31, 2013 were as follows:
 
Quarter
 
(13 weeks) Ended
(amounts in thousands)
March 30,
2014

 
March 31,
2013

Weighted-average common share equivalents associated with anti-dilutive stock options and restricted stock units excluded from the computation of diluted EPS(1)
2,260

 
2,471


(1) 
Stock options and awards of 345 shares and deferred compensation arrangements of 17 shares were anti-dilutive in the first three months of 2014 and were therefore excluded from the earnings per share calculation due to our loss from continuing operations for the period. Stock options and awards of 196 shares and deferred compensation arrangements of 49 shares were anti-dilutive in the first three months of 2013 and were therefore excluded from the earnings per share calculation due to our loss from continuing operations for the period.