Net (Loss) Income Per Share

6 Months Ended

Dec. 31, 2012

Earnings Per Share [Abstract]

Net Income Per Share

Net (Loss) Income Per Share

Basic earnings (loss) per share is calculated by dividing net income (loss) by the weighted average number of common shares outstanding during the period, less shares subject to repurchase, and excludes any dilutive effects of options, warrants and unvested restricted stock. Dilutive earnings per share is calculated by dividing net income by the weighted average number of common shares used in the basic earnings per share calculation plus the dilutive effect of shares subject to repurchase, options, warrants and unvested restricted stock. The following table presents the calculation of basic and diluted net income(loss) per share (in thousands, except per share data):

	Three Months Ended					Six Months Ended
	December 31, 2012			January 1, 2012		December 31, 2012		January 1, 2012
Net (loss) income	$	(4,206	)	$	4,107	$	8,709	$	5,689
Weighted-average shares used in per share calculation – basic	94,501			93,247		94,619		92,978
Incremental shares using the treasury stock method:
Stock options	—			282		418		299
Restricted stock units	—			471		370		645
Employee Stock Purchase Plan	—			118		107		134
Weighted -average share used in per share calculation – diluted	94,501			94,118		95,514		94,056
Net income (loss) per share – basic	(0.04		)	0.04		0.09		0.06
Net income (loss) per share – diluted	(0.04		)	0.04		0.09		0.06

Potentially dilutive common shares from employee incentive plans are determined by applying the treasury stock method to the assumed exercise of outstanding stock options, the assumed vesting of outstanding restricted stock units, and the assumed issuance of common stock under the stock purchase plan. Weighted stock options outstanding with an exercise price higher than the Company's average stock price for the periods presented are excluded from the calculation of diluted net income per share since the effect of including them would have been anti-dilutive due to the net income position of the Company during the periods presented. For the three and six months ended December 31, 2012, the Company excluded 7.3 million and 7.0 million outstanding weighted average stock options, respectively, from the calculation of diluted earnings per common share because they would have been anti-dilutive.  The Company excluded 8.8 million and 8.7 million outstanding weighted average stock options from the calculation of diluted earnings per common share in the three and six months ended January 1, 2012 because they would have been anti-dilutive.