XML 26 R18.htm IDEA: XBRL DOCUMENT v2.4.0.8
NET LOSS PER SHARE
6 Months Ended
Jun. 30, 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 and six months ended June 30, 2013 and July 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
 
Six Months Ended
 
June 30, 2013
 
July 1, 2012
 
June 30, 2013
 
July 1, 2012
Basic and diluted net loss per share of common stock:
 
 
 
Numerator:
 
 
 
 
 
 
 
     Net loss
$
(3,567
)
 
$
(3,346
)
 
$
(13,075
)
 
$
(4,465
)
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Weighted-average shares outstanding - basic
58,891

 
58,507

 
58,810

 
58,463

Effect of diluted potential common shares from stock options and restricted stock units

 

 

 

Weighted-average shares outstanding - diluted
58,891

 
58,507

 
58,810

 
58,463

Net loss per share of common stock:
 
 
 
 
 
 
 
Basic and diluted
$
(0.06
)
 
$
(0.06
)
 
$
(0.22
)
 
$
(0.08
)

All outstanding options to purchase our common stock and RSUs are potentially dilutive securities. As of June 30, 2013 and July 1, 2012, the combined total of options to purchase common stock and RSUs outstanding were 6.4 million and 7.0 million, respectively. However, since we had net losses for three and six months ended June 30, 2013 and July 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.