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Quarterly financial data (unaudited) (Tables)
 12 Months Ended
Dec. 30, 2011
Quarterly financial data (unaudited) [Abstract]  
Quarterly Financial Data
 
Quarterly results (unaudited) for the years ended December 30, 2011 and December 31, 2010 are summarized as follows (in thousands, except per share data):
 
 
 
Quarter Ended
 
2011:
 
April 1
 
 
July 1
 
 
Sept. 30
 
 
Dec. 30
 (1)
Net sales
 
$
88,039
 
 
$
94,758
 
 
$
96,014
 
 
$
90,473
 
Gross profit
 
 
18,424
 
 
 
22,373
 
 
 
22,101
 
 
 
17,238
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net (loss) from continuing operations
 
$
(4,989
)
 
$
(4,461
)
 
$
(988
)
 
$
(43,008
)
Net (loss) earnings from discontinued operations
 
 
612
 
 
 
--
 
 
 
(270
)
 
 
(370
)
Net loss (earnings) attributable to non-controlling interest
 
 
(48
)
 
 
(44
)
 
 
118
 
 
 
62
 
Net (loss) attributable to Pulse Electronics Corporation
 
$
(4,425
)
 
$
(4,505
)
 
$
(1,140
)
 
$
(43,316
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic (loss) per share
 
$
(0.11
)
 
$
(0.11
)
 
$
(0.03
)
 
$
(1.05
)
Diluted (loss) per share
 
$
(0.11
)
 
$
(0.11
)
 
$
(0.03
)
 
$
(1.05
)

(1)
During the fourth quarter of 2011, we recorded an income tax valuation allowance of $58.0 million, of which $38.0 million resulted in an increase in income tax expense.  Refer to Note 7, Income taxes, for additional information.
 
 
 
Quarter Ended
 
2010:
 
Mar. 26 (2
)
 
June 25 (3
)
 
Oct. 1
 
 
Dec. 31
 
Net sales
 
$
92,860
 
 
$
116,473
 
 
$
121,963
 
 
$
101,184
 
Gross profit
 
 
19,592
 
 
 
30,868
 
 
 
33,068
 
 
 
25,087
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net (loss) earnings from continuing operations
 
$
(35,544
)
 
$
(2,482
)
 
$
8,136
 
 
$
2,153
 
Net (loss) earnings from discontinued operations
 
 
(18,076
)
 
 
2,908
 
 
 
6,188
 
 
 
(699
)
Net (earnings) attributable to non-controlling interest
 
 
(307
)
 
 
(290
)
 
 
(117
)
 
 
(273
)
Net (loss) earnings attributable to Pulse Electronics Corporation
 
$
(53,927
)
 
$
136
 
 
$
14,207
 
 
$
1,181
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic (loss) earnings per share
 
$
(1.32
)
 
$
0.00
 
 
$
0.35
 
 
$
0.03
 
Diluted (loss) earnings per share
 
$
(1.32
)
 
$
0.00
 
 
$
0.30
 
 
$
0.03
 
 
(2)
During the first quarter of 2010, we recorded impairments of $14.6 million to our goodwill and $11.5 million to our finite-lived intangible assets.  Refer to Note 4, Goodwill and other intangible assets, for a description of the impairment.
(3)
During the second quarter of 2010, we recorded a $3.6 million intangible asset impairment charge.  Refer to Note 4, Goodwill and other intangible assets, for a description of the impairment.