Note 11 Earnings Per Share

12 Months Ended

Oct. 01, 2011

Earnings Per Share

Basic and diluted earnings per share are calculated by dividing net income or loss by the weighted average number of shares of common stock outstanding during the period, as follows:



	Year Ended
	October 1, 2011		October 2, 2010		October 3, 2009
	(In thousands, except per share amounts)
Numerator:
Net income (loss)	$	68,917	$	122,435	$	(137,822	)

Denominator:
Weighted average shares used in computing per share amount:
Basic	80,345		79,195		82,528
Diluted	83,158		82,477		82,528

Net income (loss) per share
Basic	$	0.86	$	1.55	$	(1.67	)
Diluted	$	0.83	$	1.48	$	(1.67	)

The following table presents weighted-average dilutive securities that were excluded from the above calculation because their inclusion would have had an anti-dilutive effect:



	As of
	October 1, 2011	October 2, 2010	October 3, 2009
Potentially dilutive securities:	(In thousands)
Employee stock options	6,839	6,078	8,003
Restricted stock units	241	25	528
Total	7,080	6,103	8,531

As of October 1, 2011, the Company's outstanding stock options and restricted stock units noted above were anti-dilutive under ASC Topic 260, Earnings Per Share, either because the exercise price was higher than the Company's stock price or the application of the treasury stock method resulted in an anti-dilutive effect.