Net Income (Loss) Per Share
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3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 29, 2014
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Earnings Per Share [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net Income (Loss) Per Share | Net Income (Loss) Per Share The Company presents both basic and diluted net income (loss) per share on the face of its condensed consolidated statements of operations. Basic net income (loss) per share are computed by dividing net income (loss) by the weighted-average number of shares of common stock outstanding for the period. Diluted net income (loss) per share are computed using the weighted-average number of shares of common stock outstanding plus the effect of all dilutive securities representing potential shares of common stock outstanding during the period. A reconciliation of the share denominator of the basic and diluted net income (loss) per share computations for the three month periods ended March 29, 2014 and March 30, 2013 is as follows (in thousands):
The Company excluded an insignificant amount of ESPP shares for the three month period ended March 29, 2014 since their inclusion would have been anti-dilutive. Since the Company had a net loss for the three month period ended March 30, 2013, 0.4 million potentially dilutive securities were not included in the computation of diluted shares for the period since inclusion of such shares would have been anti-dilutive. Accordingly, basic and diluted net loss per share were the same for the three month period ending March 30, 2013. |