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NET INCOME (LOSS) PER SHARE
6 Months Ended
Jun. 28, 2015
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share
NET INCOME PER SHARE
We present both basic and diluted net income 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 per common share is computed by dividing net income by the weighted-average number of shares of common stock outstanding for the period. Diluted net income 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 are determined using the treasury stock method. Under the treasury stock method, the amount the employee must pay for exercising stock options, the amount of compensation cost yet to be recognized for future service, and the amount of tax benefits that is to be recorded when the award becomes deductible are assumed to be used to repurchase shares.
The following table presents the computation of net income per share of common stock (in thousands, except per share data):
 
Three Months Ended
 
Six Months Ended
 
June 28,
2015
 
June 29,
2014
 
June 28,
2015
 
June 29,
2014
Numerator:
 
 
 
     Net income
$
2,581

 
$
1,916

 
$
8,886

 
$
4,381

Denominator:
 
 
 
 
 
 
 
Weighted-average shares outstanding - basic
74,920

 
73,532

 
74,611

 
69,943

Effect of dilutive stock options and restricted stock units
2,099

 
1,147

 
2,362

 
1,462

Weighted-average shares outstanding - diluted
77,019

 
74,679

 
76,973

 
71,405

Net income per share of common stock:
 
 
 
 
 
 
 
Basic
$
0.03

 
$
0.03

 
$
0.12

 
$
0.06

Diluted
$
0.03

 
$
0.03

 
$
0.12

 
$
0.06


For the three and six months ended June 28, 2015, options and RSUs totaling 0.8 million shares and 0.7 million shares, 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 29, 2014, options and RSUs totaling 2.9 million shares and 2.5 million shares, respectively, were excluded from diluted net income per share because their inclusion would have been anti-dilutive effect.