Net (Loss) Income Per Share

9 Months Ended

Mar. 31, 2013

Earnings Per Share [Abstract]

Net (Loss) 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					Nine Months Ended
	March 31, 2013			April 1, 2012		March 31, 2013		April 1, 2012
Net (loss) income	$	(2,220	)	$	2,372	$	6,489	$	8,062
Weighted-average shares used in per share calculation – basic	92,968			93,659		94,069		93,205
Incremental shares using the treasury stock method:
Stock options	—			389		391		329
Restricted stock units	—			474		526		595
Employee Stock Purchase Plan	—			78		108		116
Weighted -average share used in per share calculation – diluted	92,968			94,600		95,094		94,245
Net income (loss) per share – basic	(0.02		)	0.03		0.07		0.09
Net income (loss) per share – diluted	(0.02		)	0.03		0.07		0.09

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 nine months ended March 31, 2013, the Company excluded 7.1 million and 7.2 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 8.2 million and 8.5 million outstanding weighted average stock options from the calculation of diluted earnings per common share in the three and nine months ended April 1, 2012 because they would have been anti-dilutive.