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Net Loss Per Share (Tables)
9 Months Ended
Sep. 28, 2012
Computation Of Net Loss Per Share

The following table sets forth the computation of net loss per share:

 

     Third Quarter     Nine Months  
     9/28/12     9/30/11     9/28/12     9/30/11  

Numerator:

        

Net loss

   $ (3.9   $ (130.1   $ (148.4   $ (183.5
  

 

 

   

 

 

   

 

 

   

 

 

 

Denominator:

        

Denominator for basic net loss per share –
weighted average shares outstanding

     367.7        365.2        366.8        364.3   

Effect of dilutive securities:

        

Employee stock options and restricted and performance stock awards

     —          —          —          —     
  

 

 

   

 

 

   

 

 

   

 

 

 

Denominator for diluted net loss per share –
adjusted weighted average shares outstanding and assumed conversions

     367.7        365.2        366.8        364.3   
  

 

 

   

 

 

   

 

 

   

 

 

 

Net loss per share, basic

   $ (0.01   $ (0.36   $ (0.40   $ (0.50
  

 

 

   

 

 

   

 

 

   

 

 

 

Net loss per share, diluted1

   $ (0.01   $ (0.36   $ (0.40   $ (0.50
  

 

 

   

 

 

   

 

 

   

 

 

 

1 Dilutive securities are not included in the computation of diluted earnings per share when a company is in a loss position. As such, the numerator and the denominator used in computing both basic and diluted net loss per share for the third quarter and first nine months of 2012 and 2011 are the same. Diluted weighted average shares outstanding were 368.2 million in the third quarter of 2012, 368.6 million in the first nine months of 2012, 365.9 million in the third quarter of 2011 and 366.4 million in the first nine months of 2011.