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Income (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Schedule Of Earnings Per Share, Basic And Diluted
The following table sets forth the computation of basic and diluted net income/loss per ordinary share or share of common stock, (in thousands except per share data):

 
Year Ended December 31, 2016
 
Transitional Period April 25, 2015 to December 31, 2015
 
Fiscal Year Ended April 24, 2015
 
Fiscal Year Ended April 25, 2014
Numerator:
 
 
 
 
 
 
 
 
Net income (loss)
 
$
(62,789
)
 
$
(29,613
)
 
$
57,848

 
$
54,890

 
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
 
Basic weighted average shares outstanding
 
48,860

 
32,741

 
26,391

 
27,143

Add effects of stock options (1)
 

 

 
235

 
324

Diluted weighted average shares outstanding
 
48,860

 
32,741

 
26,626

 
27,466

Basic income/(loss) per share
 
$
(1.29
)
 
$
(0.90
)
 
$
2.19

 
$
2.02

Diluted income/(loss) per share
 
$
(1.29
)
 
$
(0.90
)
 
$
2.17

 
$
2.00


(1)
Excluded from the computation of diluted EPS were average outstanding dilutive instruments (options, stock appreciation rights (“SARs”) and restricted shares and restricted share units) to purchase 154,000 and 221,000 ordinary shares of LivaNova because to include them would be anti-dilutive due to the net loss during the year ended December 31, 2016 and the transitional period April 25, 2015 to December 31, 2015, respectively. Excluded from the computation of diluted earnings per share for the fiscal years ended April 24, 2015 and April 25, 2014 were average outstanding options to purchase 57,000 and 38,000 common shares, respectively, of Cyberonics because to include them would have been anti-dilutive due to the option exercise price exceeding the average market price of Cyberonics common stock during the periods.