XML 59 R14.htm IDEA: XBRL DOCUMENT v2.4.0.8
EARNINGS PER SHARE
 3 Months Ended
Dec. 28, 2013
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE
Basic (loss) income per share is calculated using the weighted average number of shares of common stock outstanding during the period. Stock options and restricted stock are included in the calculation of diluted earnings per share, except when their effect would be anti-dilutive. For the three months ended December 28, 2013, 0.1 million stock options and 0.8 million restricted stocks were excluded due to the Company's net loss.
The following tables reflect a reconciliation of the shares used in the basic and diluted net income per share computation for three months ended December 28, 2013 and December 29, 2012:
 
 
Three months ended
(in thousands, except per share)
 
December 28, 2013
 
December 29, 2012
 
 
Basic
 
Diluted
 
Basic
 
Diluted
NUMERATOR:
 
 

 
 

 
 

 
 

Net (loss) income
 
$
(1,957
)
 
$
(1,957
)
 
$
3,604

 
$
3,604

Net (loss) income applicable to common shareholders
 
$
(1,957
)
 
$
(1,957
)
 
$
3,604

 
$
3,604

DENOMINATOR:
 
 

 
 

 
 

 
 

Weighted average shares outstanding - Basic
 
75,912

 
75,912

 
74,852

 
74,852

Stock options
 
 
 
—

 
 

 
105

Time-based restricted stock
 
 
 
—

 
 

 
430

Market-based restricted stock
 
 
 
—

 
 

 
822

Weighted average shares outstanding - Diluted (1)
 
 

 
75,912

 
 

 
76,209

EPS:
 
 

 
 

 
 

 
 

Net (loss) income per share - Basic
 
$
(0.03
)
 
$
(0.03
)
 
$
0.05

 
$
0.05

Effect of dilutive shares
 
 

 
—

 
 

 
—

Net (loss) income per share - Diluted
 
 

 
$
(0.03
)
 
 

 
$
0.05