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Net Income (Loss) Per Share (Tables)
6 Months Ended
Jun. 28, 2013
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
Net income (loss) per share available to Colfax Corporation common shareholders was computed as follows:
 
Three Months Ended
 
Six Months Ended
 
June 28, 2013
 
June 29, 2012
 
June 28, 2013
 
June 29, 2012
 
(In thousands, except share data)
Computation of Net income (loss) per share - basic:
 
 
 
 
 
 
 
Net income (loss) available to Colfax Corporation common shareholders
$
53,306

 
$
7,293

 
$
75,859

 
$
(102,039
)
Less: net income attributable to participating securities(1)
(845
)
 
(931
)
 
(3,740
)
 

 
$
52,461

 
$
6,362

 
$
72,119

 
$
(102,039
)
 
 
 
 
 
 
 
 
Weighted-average shares of Common stock outstanding-basic
98,219,835

 
93,953,620

 
96,257,214

 
87,973,900

 
 
 
 
 
 
 
 
Net income (loss) per share - basic
$
0.53

 
$
0.07

 
$
0.75

 
$
(1.16
)
 
 
 
 
 
 
 
 
Computation of Net income (loss) per share - diluted:
 
 
 
 
 
 
 
Net income (loss) available to Colfax Corporation common shareholders
$
53,306

 
$
7,293

 
$
75,859

 
$
(102,039
)
Less: net income attributable to participating securities(1)(2)

 
(931
)
 
(3,740
)
 

Add: dividends on preferred stock(2)
5,086

 

 

 

 
$
58,392

 
$
6,362

 
$
72,119

 
$
(102,039
)
 
 
 
 
 
 
 
 
Weighted-average shares of Common stock outstanding-basic
98,219,835

 
93,953,620

 
96,257,214

 
87,973,900

Net effect of potentially dilutive securities - stock options and restricted stock units
1,129,832

 
779,544

 
1,027,823

 

Net effect of potentially dilutive securities - convertible preferred stock
12,173,291

 

 

 

Weighted-average shares of Common stock outstanding-diluted
111,522,958

 
94,733,164

 
97,285,037

 
87,973,900

 
 
 
 
 
 
 
 
Net income (loss) per share - diluted
$
0.52

 
$
0.07

 
$
0.74

 
$
(1.16
)
 
(1) Net income (loss) per share was calculated consistent with the two-class method in accordance with GAAP through April 23, 2013, as further discussed below.
(2) For periods subsequent to April 23, 2013, Net income (loss) per share - dilutive was calculated in accordance with the if-converted method, as further discussed below. However, for the six months ended June 28, 2013, the calculation under this method was anti-dilutive.