XML 75 R20.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings Per Share
3 Months Ended
Jun. 30, 2012
Earnings Per Share

13. Earnings Per Share

The following is a reconciliation of weighted average shares outstanding used in the calculation of basic and diluted earnings per share:

 

     Fiscal quarter ended  

(In thousands, except per share data)

   Jun 30, 2012     Jul 2, 2011  

Net (loss) income

   $ (944   $ 5,913   
  

 

 

   

 

 

 

Weighted average shares used for basic earnings per share

     29,116        28,471   

Incremental diluted shares

     —          791   
  

 

 

   

 

 

 

Weighted average shares used for diluted earnings per share

     29,116        29,262   
  

 

 

   

 

 

 

Net (loss) income per share:

    

Net (loss) income – basic

   $ (0.03   $ 0.21   
  

 

 

   

 

 

 

Net (loss) income – diluted

   $ (0.03   $ 0.20   
  

 

 

   

 

 

 

Awards of options, stock-settled stock appreciation rights (SARs) and unvested restricted stock units (RSUs) representing an additional 3.9 million and 2.5 million shares for the first quarters of 2013 and 2012, respectively, were not included in the calculation of diluted net earnings per share because their effect would have been antidilutive.