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Earnings Per Share
 12 Months Ended
Dec. 28, 2014
Earnings Per Share [Abstract]  
Earnings Per Share
EARNINGS PER SHARE

For fiscal years 2014, 2013, and 2012, basic earnings per share are based on net earnings divided by the weighted average number of shares outstanding during the period. The following data shows the amounts used in computing earnings per share and the affect on net earnings from continuing operations and the weighted average number of shares of dilutive potential common stock:

(amounts in thousands, except per share data)
December 28, 2014

 
December 29, 2013

 
December 30, 2012

Basic earnings (loss) from continuing operations attributable to Checkpoint Systems, Inc. available to common stockholders
$
10,953

 
$
(1,772
)
 
$
(138,491
)
Basic loss from discontinued operations, net of tax (benefit) expense of $0, ($68), and $247
$
—

 
$
(17,156
)
 
$
(7,959
)
Diluted earnings (loss) from continuing operations attributable to Checkpoint Systems, Inc. available to common stockholders
$
10,953

 
$
(1,772
)
 
$
(138,491
)
Diluted loss from discontinued operations, net of tax (benefit) expense of $0, ($68), and $247
$
—

 
$
(17,156
)
 
$
(7,959
)
Shares:
 
 
 
 
 
Weighted average number of common shares outstanding
41,683

 
41,128

 
40,476

Shares issuable under deferred compensation agreements
368

 
393

 
524

Basic weighted average number of common shares outstanding
42,051

 
41,521

 
41,000

Common shares assumed upon exercise of stock options and awards
312

 
—

 
—

Unvested shares issuable under deferred compensation arrangements
11

 
—

 
—

Dilutive weighted average number of common shares outstanding
42,374

 
41,521

 
41,000

Basic earnings (loss) attributable to Checkpoint Systems, Inc. per share:
 
 
 
 
 
Earnings (loss) from continuing operations
$
0.26

 
$
(0.05
)
 
$
(3.37
)
Loss from discontinued operations, net of tax
—

 
(0.41
)
 
(0.20
)
Basic earnings (loss) attributable to Checkpoint Systems, Inc. per share
$
0.26

 
$
(0.46
)
 
$
(3.57
)
Diluted earnings (loss) attributable to Checkpoint Systems, Inc. per share:
 
 
 
 
 
Earnings (loss) from continuing operations
$
0.26

 
$
(0.05
)
 
$
(3.37
)
Loss from discontinued operations, net of tax
—

 
(0.41
)
 
(0.20
)
Diluted earnings (loss) attributable to Checkpoint Systems, Inc. per share
$
0.26

 
$
(0.46
)
 
$
(3.57
)


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 potential common shares for the years ended December 28, 2014, December 29, 2013, and December 30, 2012 were as follows: 

(amounts in thousands)
December 28, 2014

 
December 29, 2013

 
December 30, 2012

Weighted average potential common shares associated with anti-dilutive stock options and restricted stock units excluded from the computation of diluted EPS(1)
1,959

 
2,368

 
3,107


 
(1) 
Adjustments for stock options and awards of 361 shares and 61 shares and deferred compensation arrangements of 21 shares and 12 shares were anti-dilutive in fiscal 2013 and 2012, respectively. These shares were therefore excluded from the earnings per share calculation due to our net loss for the years.