Net Income Per Share

3 Months Ended

Mar. 31, 2012

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Net (loss) income Per Share:

We compute basic income (loss) per share by dividing net income (loss) available to common stockholders by the weighted average number of common shares outstanding during the period. To determine diluted share count, we apply the treasury stock method to determine the dilutive effect of outstanding stock option shares, restricted stock units (RSUs"), and ESPP shares. Our application of the treasury stock method includes as assumed proceeds the average unamortized stock-based compensation expense for the period and the impact of the pro forma deferred tax benefit or cost associated with stock-based compensation expense.

A reconciliation of basic and diluted Net (loss) income per share is presented below (in thousands, except per share data):

	Three Months Ended
	March 31, 2012			April 2, 2011
Basic and diluted Net (loss) income	$	(7,714	)	$	10,919
Shares used in basic Net (loss) income per share	118,174			117,996
Dilutive effect of stock options, RSUs and ESPP shares	—			3,868
Shares used in diluted Net (loss) income per share	118,174			121,864
Basic Net (loss) income per share	$	(0.07	)	$	0.09
Diluted Net (loss) income per share	$	(0.07	)	$	0.09

The computation of diluted Net (loss) income per share for the three months ended March 31, 2012 and three months ended April 2, 2011 excludes the effects of stock options, RSUs and ESPP shares aggregating 12.3 million shares and 2.0 million shares, respectively, as they are antidilutive. Stock options, RSUs and ESPP shares are considered antidilutive when the aggregate of exercise price, unrecognized stock-based compensation expense and excess tax benefit are greater than the average market price for our common stock during the period or when the Company is in a net loss position. Stock options and RSUs that are antidilutive in the first quarter of fiscal 2012 could become dilutive in the future.