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Income (Loss) Per Share (Tables)
3 Months Ended
Apr. 02, 2016
Earnings Per Share [Abstract]  
Computation of basic and diluted income (loss) per share
The following table sets forth the computation of basic and diluted income (loss) per share for the three months ended April 2, 2016, and March 28, 2015 (in thousands, except per share data): 
 
 
For the Three Months Ended
 
 
April 2,
2016
 
March 28,
2015
Numerator for basic and diluted income (loss) per share:
 
 
 
 
Income (loss) from continuing operations
 
$
13,020

 
$
(8,179
)
(Loss) income from discontinued operations, net of taxes
 
(1,817
)
 
500

Net income (loss)
 
$
11,203

 
$
(7,679
)
Numerator for diluted (loss) income per share:
 
 
 
 
Income (loss) from continuing operations - as reported
 
$
13,020

 
$
(8,179
)
Interest expense on 7% Notes, net of taxes
 
1,210

 

Income (loss) from continuing operations - after assumed conversions of dilutive shares
 
14,230

 
(8,179
)
(Loss) income from discontinued operations, net of taxes
 
(1,817
)
 
500

Net income (loss) for diluted loss per share - after assumed conversions of dilutive shares
 
$
12,413

 
$
(7,679
)
Denominator for weighted average common shares outstanding:
 
 

 
 

Basic shares
 
67,874

 
67,746

Dilutive effect of 7% Notes
 
15,053

 

Dilutive effect of Equity Awards
 

 

Diluted shares
 
82,927

 
67,746

 
 
 
 
 
Income (loss) per share – basic:
 
 
 
 
Continuing operations
 
$
0.19

 
$
(0.12
)
Discontinued operations
 
(0.02
)
 
0.01

Net income (loss)
 
$
0.17

 
$
(0.11
)
 
 
 
 
 
Income (loss) per share – diluted:
 
 
 
 
Continuing operations
 
$
0.17

 
$
(0.12
)
Discontinued operations
 
(0.02
)
 
0.01

Net income (loss)
 
$
0.15

 
$
(0.11
)