NET LOSS PER SHARE

3 Months Ended

Mar. 31, 2013

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 months ended March 31, 2013 and April 1, 2012, none of the stock options and RSUs 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 except per share amounts):

	Three Months Ended
	March 31, 2013			April 1, 2012
Basic and diluted net loss per share of common stock:
Numerator:
Net loss	$	(9,508	)	$	(1,119	)
Denominator:
Weighted-average shares outstanding - basic	58,728			58,420
Effect of diluted potential common shares from stock options and restricted stock units	—			—
Weighted-average shares outstanding - diluted	58,728			58,420
Net loss per share of common stock:
Basic and diluted	(0.16		)	(0.02		)

All outstanding options to purchase our common stock and RSUs are potentially dilutive securities. As of March 31, 2013 and April 1, 2012, the combined total of options to purchase common stock and RSUs outstanding were 8.2 million and 7.4 million, respectively. However, since we had net losses for three months ended March 31, 2013 and April 1, 2012, 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.