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Net Income (Loss) Per Share
 3 Months Ended
Mar. 28, 2015
Net Income (Loss) Per Share [Abstract]  
Net Income (Loss) Per Share

NOTE 10.  Net Income (Loss) Per Share  

  

The following table sets forth the computation of basic and diluted net income (loss) per share:  

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

March 28,

 

March 29,

 

 

(in thousands, except per share amounts)

2015

 

2014

 

 

Numerator:

 

 

 

 

 

 

 

Net income (loss)

$
4,655 

 

$
(4,241)

 

 

Denominator:

 

 

 

 

 

 

 

Basic weighted average common shares outstanding (1)

 
200,249 

 

 
195,188 

 

 

Dilutive effect of employee stock options and awards

 
5,439 

 

 

 —

 

 

Diluted weighted average common shares outstanding (1)

 
205,688 

 

 
195,188 

 

 

 

 

 

 

 

 

 

 

Basic and diluted net income (loss) per share

$
0.02 

 

$
(0.02)

 

 

 

 

 

 

 

 

 

 

 

(1)

PMC-Sierra Ltd. special shares are included in the calculation of basic and diluted weighted average common shares outstanding.

  

In the three months ended March 29, 2014, the Company had approximately 3.1 million of stock options and Restricted Stock Units that were not included in the diluted net loss per share because they would have been anti-dilutive.