Note 13 - Net Income (Loss) Per Share

3 Months Ended

Jun. 29, 2014

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

NOTE 13. NET INCOME (LOSS) PER SHARE

Basic net income (loss) per share excludes dilution and is computed by dividing net income (loss) attributable to Exar by the weighted average number of common shares outstanding for the applicable period. Diluted earnings per share reflects the potential dilution that would occur if outstanding stock options or warrants to purchase common stock were exercised for common stock, using the treasury stock method, and the common stock underlying outstanding RSUs was issued.

The following table summarizes our loss per share for the periods indicated below (in thousands, except per share amounts):

	Three Months Ended
	June 29, 2014			June 30, 2013
Net income (loss) attributable to Exar Corporation	$	(12,105	)	$	806
Shares used in computation of net income (loss) per share:
Basic		47,236			46,805
Effect of options and awards		─			1,280
Diluted		47,236			48,085
Net income (loss) per share:
Basic	$	(0.26	)	$	0.02
Diluted	$	(0.26	)	$	0.02

All outstanding stock options and RSUs are potentially dilutive securities. As of June 29, 2014, all outstanding stock options and RSUs were excluded from the computation of diluted net income per share because they were determined to be anti-dilutive. As of June 30, 2013, stock options and RSUs of 1.0 million were excluded from the computation of diluted net income per share because they were determined to be anti-dilutive.