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NET INCOME (LOSS) PER SHARE
6 Months Ended
Jun. 29, 2014
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share
NET INCOME (LOSS) PER SHARE
We present both basic and diluted net income (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 income (loss) per common share is computed by dividing net income (loss) by the weighted-average number of shares of common stock outstanding for the period. Diluted net income (loss) per share of common stock is computed using the weighted average number of shares of common stock outstanding plus the effect of common stock equivalents, unless the common stock equivalents are anti-dilutive. The potential dilutive shares of our common stock resulting from assumed exercises of equity related instruments are determined using the treasury stock method. Under the treasury stock method, an increase in the fair market value of our common stock will result in a greater number of dilutive securities.
The following table presents the computation of net income (loss) per share of common stock (in thousands, except per share data):
 
Three Months Ended
 
Six Months Ended
 
June 29,
2014
 
June 30,
2013
 
June 29,
2014
 
June 30,
2013
Numerator:
 
 
 
     Net income (loss)
$
1,916

 
$
(3,567
)
 
$
4,381

 
$
(13,075
)
Denominator:
 
 
 
 
 
 
 
Weighted-average shares outstanding - basic
73,532

 
58,891

 
69,943

 
58,810

Effect of dilutive stock options and restricted stock units
1,147

 

 
1,462

 

Weighted-average shares outstanding - diluted
74,679

 
58,891

 
71,405

 
58,810

Net income (loss) per share of common stock:
 
 
 
 
 
 
 
Basic
$
0.03

 
$
(0.06
)
 
$
0.06

 
$
(0.22
)
Diluted
$
0.03

 
$
(0.06
)
 
$
0.06

 
$
(0.22
)

For the three and six months ended June 29, 2014, options and RSUs totaling 2.9 million and 2.5 million, respectively, were excluded from diluted net income per share because their inclusion would have been anti-dilutive. For the three and six months ended June 30, 2013, options and RSUs totaling 6.4 million were excluded from diluted net loss per share because of their anti-dilutive effect.