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Net (loss) income Per Share
 6 Months Ended
Jun. 30, 2012
Earnings Per Share [Abstract]  
Net (loss) income Per Share
Net (loss) income Per Share:

We compute basic (loss) income per share by dividing net (loss) income available to common stockholders by the weighted average number of common shares outstanding during the period. To determine diluted share count, we apply the treasury stock method to determine the dilutive effect of outstanding stock option shares, restricted stock units ("RSUs"), and ESPP shares. Our application of the treasury stock method includes as assumed proceeds the average unamortized stock-based compensation expense for the period and the impact of the pro forma deferred tax benefit or cost associated with stock-based compensation expense.

A reconciliation of basic and diluted Net (loss) income per share is presented below (in thousands, except per share data):

 
Three Months Ended
 
Six Months Ended
 
June 30,
2012
 
July 2,
2011
 
June 30,
2012
 
July 2,
2011
Basic and diluted Net (loss) income
$
(12,542
)
 
$
13,031

 
$
(20,256
)
 
$
23,950

Shares used in basic Net (loss) income per share
117,874

 
118,047

 
118,024

 
118,021

Dilutive effect of stock options, RSUs and ESPP shares
—

 
3,421

 
—

 
3,674

Shares used in diluted Net (loss) income per share
117,874

 
121,468

 
118,024

 
121,695

Basic Net (loss) income per share
$
(0.11
)
 
$
0.11

 
$
(0.17
)
 
$
0.20

Diluted Net (loss) income per share
$
(0.11
)
 
$
0.11

 
$
(0.17
)
 
$
0.20



The computation of diluted Net (loss) income per share for both the three and six months ended June 30, 2012, excludes the effects of stock options, RSUs and ESPP shares aggregating 12.2 million shares, as they are antidilutive. The computation of diluted Net (loss) income per share for the three and six months ended July 2, 2011 excludes the effects of stock options, RSUs and ESPP shares aggregating 4.0 million shares and 3.6 million shares, respectively, as they are antidilutive. Stock options, RSUs and ESPP shares are considered antidilutive when the aggregate of exercise price, unrecognized stock-based compensation expense and excess tax benefit are greater than the average market price for our common stock during the period or when the Company is in a net loss position. Stock options and RSUs that are antidilutive in the second quarter of fiscal 2012 could become dilutive in the future.