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Loss per Share (Tables)
6 Months Ended
Jul. 02, 2016
Earnings Per Share [Abstract]  
Computation of Earnings Per Share
Loss per share were computed as follows (in millions, except share data):
 
 
Three Months Ended
 
Six Months Ended
 
July 2, 2016
 
July 4, 2015
 
July 2, 2016
 
July 4, 2015
Weighted average shares:


 


 
 
 
 
Basic weighted average shares outstanding
51,533,236

 
50,917,161

 
51,405,373

 
50,798,238

Effect of dilutive securities outstanding

 

 

 

Diluted weighted average and equivalent shares outstanding
51,533,236

 
50,917,161

 
51,405,373

 
50,798,238

Net loss
$
(49
)
 
$
(77
)
 
$
(78
)
 
$
(102
)
Basic per share amounts:


 


 


 


Basic weighted average shares outstanding
51,533,236

 
50,917,161

 
51,405,373

 
50,798,238

Per share amount
$
(0.95
)
 
$
(1.50
)
 
$
(1.51
)
 
$
(2.00
)
Diluted per share amounts:


 


 


 


Diluted weighted average shares outstanding
51,533,236

 
50,917,161

 
51,405,373

 
50,798,238

Per share amount
$
(0.95
)
 
$
(1.50
)
 
$
(1.51
)
 
$
(2.00
)
Potentially Dilutive Securities Excluded from Earnings Per Share Calculation
Due to net losses in both the second quarter and first half of 2016 and 2015, options, awards and warrants were anti-dilutive and therefore excluded from the earnings per share calculation. These excluded outstanding options, awards and warrants are as follows:
 
Three Months Ended
 
Six Months Ended
 
July 2, 2016
 
July 4, 2015
 
July 2, 2016
 
July 4, 2015
Potentially dilutive shares
1,313,435

 
1,152,707

 
1,356,668

 
1,018,482