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Income (Loss) Per Share
 12 Months Ended
Dec. 29, 2012
Earnings Per Share [Abstract]  
Income (Loss) per Share [Text Block]
 Income (Loss) per Share

Basic income (loss) per share is computed based upon the weighted average number of common shares outstanding for the period. When applicable, diluted income (loss) per share is calculated using two approaches. The first approach, the treasury stock method, reflects the potential dilution that could occur if the stock options and RSUs (“Equity Awards”) to issue common stock were exercised. The second approach, the if converted method, reflects the potential dilution of the Equity Awards and the 7% Notes being exchanged for common stock. Under this method, interest expense associated with the 7% Notes, net of tax, is added back to income from continuing operations and the shares outstanding are increased by the underlying 7% Notes equivalent.

For the years ended 2012, 2011 and 2010, the effect of approximately 24,131,138; 5,806,615 and 5,087,770 respectively, related to the exchange of the 7% Notes for common stock, stock options outstanding and unvested RSUs, which would be calculated using the treasury stock method, were excluded from the calculation of diluted income (loss) per share, as the effect would be anti-dilutive.

The following table sets forth the computation of basic and diluted income (loss) per share for the periods ended (in thousands, except per share data):
 
 
 
Years Ended
 
 
2012
 
2011
 
2010
Numerator for basic and diluted income (loss) per share:
 
 
 
 
 
 
Loss from continuing operations
 
$
(73,864
)
 
$
(1,028
)
 
$
(197,698
)
(Loss) income from discontinued operations, net of taxes
 
(6,023
)
 
(7,537
)
 
11,321

Net loss
 
$
(79,887
)
 
$
(8,565
)
 
$
(186,377
)
Denominator for weighted average common shares outstanding:
 
 

 
 

 
 

Basic shares
 
63,567

 
62,983

 
62,382

Dilutive effect of convertible notes
 
—

 
—

 
—

Dilutive effect of equity awards
 
—

 
—

 
—

Diluted shares
 
63,567

 
62,983

 
62,382

 
 
 
 
 
 
 
Income (loss) per share – basic:
 
 
 
 
 
 
Continuing operations
 
$
(1.16
)
 
$
(0.02
)
 
$
(3.17
)
Discontinued operations
 
(0.10
)
 
(0.12
)
 
0.18

Net loss
 
$
(1.26
)
 
$
(0.14
)
 
$
(2.99
)
 
 
 
 
 
 
 
Income (loss) per share – diluted:
 
 
 
 
 
 
Continuing operations
 
$
(1.16
)
 
$
(0.02
)
 
$
(3.17
)
Discontinued operations
 
(0.10
)
 
(0.12
)
 
0.18

Net loss
 
$
(1.26
)
 
$
(0.14
)
 
$
(2.99
)