XML 42 R32.htm IDEA: XBRL DOCUMENT v3.8.0.1
Income (Loss) Per Share (Tables)
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Computation of basic and diluted income (loss) per share
The following table sets forth the computation of basic and diluted (loss) income per share for the three and nine months ended September 30, 2017, and October 1, 2016 (in thousands, except per share data): 

 
 
For the Three Months Ended
 
For the Nine Months Ended
 
 
September 30,
2017
 
October 1,
2016
 
September 30,
2017
 
October 1,
2016
Numerator for basic and diluted (loss) income per share:
 
 
 
 
 
 
 
 
(Loss) income from continuing operations
 
$
(19,443
)
 
$
8,059

 
$
(28,922
)
 
$
65,147

(Loss) income from discontinued operations, net of taxes
 
(8,607
)
 
1,372

 
(9,671
)
 
3,043

Net (loss) income
 
$
(28,050
)
 
$
9,431

 
$
(38,593
)
 
$
68,190

Numerator for diluted (loss) income per share:
 
 
 
 
 
 
 
 
(Loss) income from continuing operations - as reported
 
$
(19,443
)
 
$
8,059

 
$
(28,922
)
 
$
65,147

Interest expense on 7% Notes, net of taxes
 

 
211

 

 
1,521

(Loss) income from continuing operations - after assumed conversions of dilutive shares
 
(19,443
)
 
8,270

 
(28,922
)
 
66,668

(Loss) income from discontinued operations, net of taxes
 
(8,607
)
 
1,372

 
(9,671
)
 
3,043

Net (loss) income for diluted loss per share - after assumed conversions of dilutive shares
 
$
(28,050
)
 
$
9,642

 
$
(38,593
)
 
$
69,711

Denominator for weighted average common shares outstanding:
 
 

 
 

 
 

 
 

Basic shares
 
8,578

 
8,552

 
8,564

 
8,518

Dilutive effect of 7% Notes
 

 
415

 

 
1,227

Dilutive effect of Equity Awards
 

 

 

 

Dilutive effect of warrants
 

 

 

 

Diluted shares
 
8,578

 
8,967

 
8,564

 
9,745

 
 
 
 
 
 
 
 
 
(Loss) income per share – basic:
 
 
 

 
 
 
 
Continuing operations
 
$
(2.27
)
 
$
0.94

 
$
(3.38
)
 
$
7.65

Discontinued operations
 
(1.00
)
 
0.16

 
(1.13
)
 
0.36

Net (loss) income
 
$
(3.27
)
 
$
1.10

 
$
(4.51
)
 
$
8.01

 
 
 
 
 
 
 
 
 
(Loss) income per share – diluted:
 
 
 
 
 
 
 
 
Continuing operations
 
$
(2.27
)
 
$
0.92

 
$
(3.38
)
 
$
6.84

Discontinued operations
 
(1.00
)
 
0.16

 
(1.13
)
 
0.31

Net (loss) income
 
$
(3.27
)
 
$
1.08

 
$
(4.51
)
 
$
7.15