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Income (Loss) Per Share
 12 Months Ended
Jan. 02, 2016
Earnings Per Share [Abstract]  
Income (Loss) per Share
 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, when applicable, PSUs, (collectively, the "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 2015, 2014 and 2013, the effect of approximately 20.1 million, 20.3 million and 20.8 million shares, respectively, related to the exchange of the 7% Notes for common stock were excluded from the calculation of diluted income (loss) per share, as the effect would be anti-dilutive.

For the years ended 2015, 2014 and 2013, the effect of approximately 2.9 million, 2.0 million and 2.0 million shares, respectively, related to the issuance of common stock upon exercise of Equity Awards 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 (loss) income per share for the periods ended (in thousands, except per share data): 
 
 
For The Years Ended
 
 
2015
 
2014
 
2013
Numerator for basic and diluted loss per share:
 
 
 
 
 
 
Loss from continuing operations
 
$
(19,461
)
 
$
(95,053
)
 
$
(86,276
)
(Loss) income from discontinued operations, net of taxes
 
(11,390
)
 
11,190

 
17,490

Net loss
 
$
(30,851
)
 
$
(83,863
)
 
$
(68,786
)
Denominator for weighted average common shares outstanding:
 
 

 
 

 
 

Basic shares
 
67,832

 
66,952

 
64,576

Dilutive effect of 7% Notes
 
—

 
—

 
—

Dilutive effect of Equity Awards
 
—

 
—

 
—

Diluted shares
 
67,832

 
66,952

 
64,576

 
 
 
 
 
 
 
(Loss) income per share – basic:
 
 
 
 
 
 
Continuing operations
 
$
(0.29
)
 
$
(1.42
)
 
$
(1.34
)
Discontinued operations
 
(0.16
)
 
0.17

 
0.27

Net loss
 
$
(0.45
)
 
$
(1.25
)
 
$
(1.07
)
 
 
 
 
 
 
 
(Loss) income per share – diluted:
 
 
 
 
 
 
Continuing operations
 
$
(0.29
)
 
$
(1.42
)
 
$
(1.34
)
Discontinued operations
 
(0.16
)
 
0.17

 
0.27

Net loss
 
$
(0.45
)
 
$
(1.25
)
 
$
(1.07
)