XML 75 R26.htm IDEA: XBRL DOCUMENT v2.4.1.9
Earnings per Share (Tables)
 3 Months Ended
Apr. 03, 2015
Earnings Per Share [Abstract]  
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

 

 

April 3,

 

 

March 28,

 

 

2015

 

 

2014

 

Numerators:

 

 

 

 

 

 

 

Income from continuing operations

$

3,446

 

 

$

2,856

 

Consolidated loss from discontinued operations

 

—

 

 

 

(1,866

)

Less: Income attributable to noncontrolling interest

 

—

 

 

 

(7

)

Loss from discontinued operations attributable to GSI Group Inc.

 

—

 

 

 

(1,873

)

Net income attributable to GSI Group Inc.

$

3,446

 

 

$

983

 

 

 

 

 

 

 

 

 

Denominators:

 

 

 

 

 

 

 

Weighted average common shares outstanding— basic

 

34,506

 

 

 

34,227

 

Dilutive potential common shares

 

493

 

 

 

442

 

Weighted average common shares outstanding— diluted

 

34,999

 

 

 

34,669

 

Antidilutive common shares excluded from above

 

—

 

 

 

87

 

 

 

 

 

 

 

 

 

Basic Earnings (Loss) per Common Share:

 

 

 

 

 

 

 

From continuing operations

$

0.10

 

 

$

0.08

 

From discontinued operations

$

—

 

 

$

(0.05

)

Basic earnings per share attributable to GSI Group Inc.

$

0.10

 

 

$

0.03

 

 

 

 

 

 

 

 

 

Diluted Earnings (Loss) per Common Share:

 

 

 

 

 

 

 

From continuing operations

$

0.10

 

 

$

0.08

 

From discontinued operations

$

—

 

 

$

(0.05

)

Diluted earnings per share attributable to GSI Group Inc.

$

0.10

 

 

$

0.03