XML 48 R33.htm IDEA: XBRL DOCUMENT v3.4.0.3
Earnings Per Share (Schedule of Earnings Per Share) (Tables)
3 Months Ended
Apr. 02, 2016
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, by Common Class, Including Two Class Method
As such, these awards have been included in our calculation of basic and diluted earnings per share using the two-class method, as computed in the table below:
 
 
Quarter Ended
(in thousands, except per share data)
 
April 2,
2016
 
April 4,
2015
Basic EPS:
 
 
 
 
Net (loss)/income
 
$
(25,431
)
 
$
10,636

Less: Income allocated to participating securities
 

 
19

(Loss)/income allocated to common shares
 
$
(25,431
)
 
$
10,617

Weighted average shares outstanding – Basic
 
79,953

 
70,259

(Loss)/earnings per share – Basic
 
$
(0.32
)
 
$
0.15

 
 
 
 
 
Diluted EPS:
 
 
 
 
Weighted average shares outstanding – Basic
 
79,953

 
70,259

Effect of dilutive stock options, restricted units and performance-based restricted units on shares outstanding
 

 
743

Weighted average shares outstanding – Diluted
 
79,953

 
71,002

(Loss)/earnings per share – Diluted
 
$
(0.32
)
 
$
0.15