NET LOSS PER SHARE

6 Months Ended

Jul. 01, 2012

Earnings Per Share [Abstract]

Net Loss Per Share

NET LOSS PER SHARE

We present both basic and diluted net loss per share on the face of our condensed consolidated statements of operations in accordance with the authoritative guidance on earnings per share. Basic net loss per share is computed by dividing net loss by the weighted-average number of shares of common stock outstanding for the period. Since we had net losses in the three and six months ended July 1, 2012 and July 3, 2011, none of the stock options and restricted stock units were included in the computation of diluted shares for these periods, as inclusion of such shares would have been anti-dilutive.

The following table summarizes the incremental shares of common stock from potentially dilutive securities, calculated using the treasury stock method (in thousands):

	Three Months Ended		Six Months Ended
	July 1, 2012	July 3, 2011	July 1, 2012	July 3, 2011
Weighted-average common shares outstanding - basic	58,507	54,550	58,463	52,395
Effect of diluted potential common shares from stock options and restricted stock units	—	—	—	—
Weighted-average common shares outstanding - diluted	58,507	54,550	58,463	52,395

All outstanding options to purchase our common stock and restricted stock units are potentially dilutive securities. As of July 1, 2012 and July 3, 2011, the combined total of options to purchase common stock and restricted stock units outstanding were 7.0 million and 7.2 million, respectively. However, since we had net losses for the three and six months ended July 1, 2012 and July 3, 2011, no potentially dilutive securities were included in the computation of diluted shares for those years as inclusion of such shares would have been anti-dilutive. Accordingly, basic and diluted net loss per share were the same in each period reported.