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Income (Loss) Per Share
6 Months Ended
Jun. 29, 2013
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, RSUs and PSUs (“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% senior exchangeable notes due 2017 ("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 six months ended June 29, 2013 and June 30, 2012, the effect of approximately 24,734,929 and 26,133,813 shares, respectively, related to the exchange of the 7% Notes for common stock and Equity Awards, 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):
 
 
 
For the Three Months Ended
 
For the Six Months Ended
 
 
June 29, 2013
 
June 30, 2012
 
June 29, 2013
 
June 30, 2012
Numerator for basic and diluted loss per share:
 
 
 
 
 
 
 
 
Loss from continuing operations
 
$
(17,587
)
 
$
(214
)
 
$
(36,494
)
 
$
(22,848
)
Loss from discontinued operations, net of taxes
 
(1,296
)
 
(187
)
 
(1,534
)
 
(4,771
)
Net loss
 
$
(18,883
)
 
$
(401
)
 
$
(38,028
)
 
$
(27,619
)
Denominator for weighted average common shares outstanding:
 
 

 
 

 
 

 
 

Basic shares
 
63,922

 
63,476

 
63,881

 
63,441

Dilutive effect of convertible notes
 

 

 

 

Dilutive effect of equity awards
 

 

 

 

Diluted shares
 
63,922

 
63,476

 
63,881

 
63,441

 
 
 
 
 
 
 
 
 
Loss per share – basic:
 
 
 
 
 
 
 
 
Continuing operations
 
$
(0.28
)
 
$
(0.01
)
 
$
(0.57
)
 
$
(0.36
)
Discontinued operations
 
(0.02
)
 

 
(0.03
)
 
(0.08
)
Net loss
 
$
(0.30
)
 
$
(0.01
)
 
$
(0.60
)
 
$
(0.44
)
 
 
 
 
 
 
 
 
 
Loss per share – diluted:
 
 
 
 
 
 
 
 
Continuing operations
 
$
(0.28
)
 
$
(0.01
)
 
$
(0.57
)
 
$
(0.36
)
Discontinued operations
 
(0.02
)
 

 
(0.03
)
 
(0.08
)
Net loss
 
$
(0.30
)
 
$
(0.01
)
 
$
(0.60
)
 
$
(0.44
)