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Net Income (Loss) Per Share
9 Months Ended
Dec. 30, 2012
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share
Net Income (Loss) Per Share
Basic net income (loss) per share is computed using the weighted-average number of common shares outstanding during the period. Diluted net income per share is computed using the weighted-average number of common and dilutive potential common shares outstanding during the period. Potential common shares include employee stock options and restricted stock units. For purposes of computing diluted net income per share, weighted average potential common shares do not include potential common shares that are anti-dilutive under the treasury stock method.
The following table sets forth the computation of basic and diluted net income per share from continuing operations: 
 
Three Months Ended
 
Nine Months Ended
 
(in thousands, except per share amounts)
December 30,
2012
 
January 1,
2012
 
December 30,
2012
 
January 1,
2012
Numerator (basic and diluted):
 
 
 
 
 
 
 
Net income (loss) from continuing operations
$
(5,157
)
 
$
(903
)
 
$
(5,297
)
 
$
19,966

 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Weighted average common shares outstanding, basic
144,321

 
141,839

 
143,477

 
144,792

Dilutive effect of employee stock options and restricted stock units

 

 

 
1,914

Weighted average common shares outstanding, diluted
144,321

 
141,839

 
143,477

 
146,706

 
 
 
 
 
 
 
 
Basic net income (loss) per share from continuing operations
$
(0.04
)
 
$
(0.01
)
 
$
(0.04
)
 
$
0.14

Diluted net income (loss) per share from continuing operations
$
(0.04
)
 
$
(0.01
)
 
$
(0.04
)
 
$
0.14

Potential dilutive common shares of 10.1 million and 19.7 million pertaining to employee stock options and restricted stock units were excluded from the calculation of diluted earnings per share for the three months ended December 30, 2012 and January 1, 2012, respectively, because the effect would have been anti-dilutive. Potential dilutive common shares of 16.3 million and 11.8 million pertaining to employee stock options and restricted stock units were excluded from the calculation of diluted earnings per share for the nine months ended December 30, 2012 and January 1, 2012, respectively, because the effect would have been anti-dilutive.