Basic and Diluted Net Income (Loss) Per Common Share (Tables)

12 Months Ended

Dec. 26, 2015

Earnings Per Share [Abstract]

Computation of Net Income (Loss) Per Common Share Basic and Diluted

The following table sets forth the computation of net income (loss) per common share attributable to Infinera Corporation —basic and diluted (in thousands, except per share amounts):

	Years Ended
	December 26, 2015		December 27, 2014		December 28, 2013
Numerator:
Net income (loss) attributable to Infinera Corporation	$	51,413	$	13,659	$	(32,119	)
Denominator:
Basic weighted average common shares outstanding	133,259		123,672		117,425
Effect of dilutive securities:
Employee equity plans	5,686		4,778		—
Assumed conversion of convertible senior notes from conversion spread	4,226		115		—
Dilutive weighted average common shares outstanding	143,171		128,565		117,425
Net income (loss) per common share attributable to Infinera Corporation
Basic	$	0.39	$	0.11	$	(0.27	)
Diluted	$	0.36	$	0.11	$	(0.27	)

Antidilutive Shares Excluded from Computation of Diluted Net Income (Loss) Per Share

The following sets forth the potentially dilutive shares excluded from the computation of the diluted net income per share because their effect was anti-dilutive (in thousands):

	As of
	December 26, 2015	December 27, 2014	December 28, 2013
Stock options outstanding	8	362	6,367
Restricted stock units	415	331	6,583
Performance stock units	73	124	721
Employee stock purchase plan shares	225	741	661
Total	721	1,558	14,332