XML 34 R30.htm IDEA: XBRL DOCUMENT v2.4.0.8
Net (Loss) Income Per Share (Tables)
9 Months Ended
Mar. 30, 2014
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net (Loss) Income Per Share
The following table sets forth the computation of basic and diluted net (loss) income per share: 
 
Three Months Ended
 
Nine Months Ended
 
March 30, 2014
 
March 31, 2013
 
March 30, 2014
 
March 31, 2013
 
(in thousands, except per share data)
Numerator
 
 
 
 
 
 
 
Net (loss) income
(7,199
)
 
(6,844
)
 
(14,867
)
 
(604
)
Less: Undistributed earnings allocated to participating securities

 

 

 

Undistributed earnings allocated to the Company’s common stockholders for basic net (loss) income per share
$
(7,199
)
 
$
(6,844
)
 
$
(14,867
)
 
$
(604
)
Add: Adjustment for interest expense on convertible senior notes, net of tax

 

 

 

Undistributed earnings allocated to the Company’s common stockholders for diluted net (loss) income per share
(7,199
)
 
(6,844
)
 
(14,867
)
 
(604
)
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Denominator for basic net (loss) income per share - weighted average shares outstanding
80,883

 
90,590

 
86,403

 
90,000

Effect of dilutive securities:
 
 
 
 
 
 
 
Dilutive options outstanding, unvested stock units, and ESPP

 

 

 

Dilutive common shares from the conversion spread of convertible senior notes

 

 

 

Dilutive common shares from forward contract of the accelerated share buyback (ASB)

 

 

 

Denominator for diluted net (loss) income per share - adjusted weighted average shares outstanding
80,883

 
90,590

 
86,403

 
90,000

Basic net (loss) income per share
$
(0.09
)
 
$
(0.08
)
 
$
(0.17
)
 
$
(0.01
)
Diluted net (loss) income per share
$
(0.09
)
 
$
(0.08
)
 
$
(0.17
)
 
$
(0.01
)
Antidilutive options and unvested stock excluded from the computations
4,665

 
5,908

 
5,353

 
6,178