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Earnings per Share (Tables)
3 Months Ended
Mar. 29, 2013
Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share amounts):

 

     Three Months Ended  
     March 29,
2013
     March 30,
2012
 

Numerators:

     

Amounts attributable to GSI Group Inc:

     

Income from continuing operations

   $ 1,433       $ 1,059   

Income from discontinued operations.

     649         322   
  

 

 

    

 

 

 

Net income attributable to GSI Group Inc.

   $ 2,082       $ 1,381   
  

 

 

    

 

 

 

Denominators:

     

Weighted average common shares outstanding - basic

     33,983         33,679   

Dilutive potential common shares

     288         199   
  

 

 

    

 

 

 

Weighted average common shares outstanding - diluted

     34,271         33,878   
  

 

 

    

 

 

 

Antidilutive common shares excluded from above

     373         —    

Basic Earnings per Common Share:

     

From continuing operations

   $ 0.04       $ 0.03   

From discontinued operations

   $ 0.02       $ 0.01   

Basic earnings per share attributable to GSI Group Inc.

   $ 0.06       $ 0.04   

Diluted Earnings per Common Share:

     

From continuing operations

   $ 0.04       $ 0.03   

From discontinued operations

   $ 0.02       $ 0.01   

Diluted earnings per share attributable to GSI Group Inc.

   $ 0.06       $ 0.04