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Net Income (Loss) Per Share
3 Months Ended
Mar. 29, 2015
Net Income (Loss) Per Share

Note 11 – Net Income (Loss) Per Share

Basic and diluted net income (loss) per share are calculated as follows:

 

     Three Months Ended  
     March 29,
2015
     March 30,
2014
 
     (In millions, except per share data)  

Net income (loss)

   $ 1.1       $ (9.3
  

 

 

    

 

 

 

Weighted average number of common shares outstanding – basic

  117.3      125.4   
  

 

 

    

 

 

 

Effect of dilutive securities:

Stock options and restricted stock units

  2.7      —     
  

 

 

    

 

 

 

Weighted average number of common shares outstanding – diluted

  120.0      125.4   
  

 

 

    

 

 

 

Basic net income (loss) per share

$ 0.01    $ (0.07
  

 

 

    

 

 

 

Diluted net income (loss) per share

$ 0.01    $ (0.07
  

 

 

    

 

 

 

Anti-dilutive common stock equivalents

  0.5      3.1