XML 15 R9.htm IDEA: XBRL DOCUMENT v2.4.0.6
Loss Per Share
3 Months Ended
Jun. 29, 2012
Loss Per Share [Abstract]  
Loss Per Share
Note 4.  Loss Per Share
 
The following table sets forth the computation of the numerator and denominator used in the computation of basic and diluted net loss per share:
 
(in thousands, except per share amounts)
 
Three Months Ended
   
June
29, 2012
 
June
24, 2011
Numerator:
               
Net loss
 
$
(6,005
)
 
$
(8,420
)
Denominator-weighted average shares of common stock outstanding:
               
Shares used to compute basic and diluted net loss per share
   
30,573
     
30,316
 
Basic and diluted net loss per share
 
$
(0.20
)
 
$
(0.28
)

The denominator for basic and diluted net loss per share is the weighted average number of unrestricted common shares outstanding for the periods presented. In periods of net income, the denominator for diluted net income per share also includes potentially dilutive shares, which consist of shares issuable upon the exercise of dilutive stock options and contingently issuable shares. These shares are excluded from the computations of diluted net loss per share for the three months ended June 29, 2012 and June 24, 2011 as they are anti-dilutive and would therefore reduce the loss per share. The total amount of such anti-dilutive shares was 255,000 and 132,000 for the three months ended June 29, 2012 and June 24, 2011, respectively.
 
At June 29, 2012, there are 770,000 shares of common stock issuable upon conversion of the 3¾% convertible senior notes and 753,000 shares of common stock issuable upon conversion of the 7¼% redeemable convertible subordinated debentures. For all periods presented, these shares and the related effect of the accrued interest are excluded from the calculation of diluted net loss per share, as their inclusion would be anti-dilutive.