XML 30 R8.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Note 3 - Earnings Per Share | 9 Months Ended
--- | ---
Sep. 28, 2014
Earnings Per Share [Abstract] |
Earnings Per Share [Text Block] | NOTE 3 – EARNINGS (LOSS) PER SHARE The Company computes basic earnings (loss) per share (“EPS”) by dividing net income (loss) by the weighted average common shares outstanding, including participating securities outstanding, during the period as discussed below. Diluted EPS reflects the potential dilution beyond shares for basic EPS that could occur if securities or other contracts to issue common stock were exercised, converted into common stock or resulted in the issuance of common stock that would have shared in the Company’s earnings. The Company includes all unvested stock awards which contain non-forfeitable rights to dividends or dividend equivalents, whether paid or unpaid, in the number of shares outstanding in our basic and diluted EPS calculations when the inclusion of these shares would be dilutive. Unvested share-based awards of restricted stock are paid dividends equally with all other shares of common stock. As a result, the Company includes all outstanding restricted stock awards in the calculation of basic and diluted EPS. Distributed earnings include common stock dividends and dividends earned on unvested share-based payment awards. Undistributed earnings represent earnings that were available for distribution but were not distributed. The following tables show distributed and undistributed earnings:
|  | Three Months Ended |  |  | Nine Months Ended |
|  | Sept. 28, 2014 |  |  | Sept. 29, 2013 |  |  | Sept. 28, 2014 |  |  | Sept. 29, 2013 |
Earnings (Loss) Per Share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic Earnings (Loss) Per Share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Distributed Earnings |  | $ | 0.03 |  |  | $ | 0.03 |  |  | $ | 0.10 |  |  | $ | 0.08 |
Undistributed Earnings |  |  | (0.04 | ) |  |  | 0.20 |  |  |  | 0.15 |  |  |  | 0.42 |
Total |  | $ | (0.01 | ) |  | $ | 0.23 |  |  | $ | 0.25 |  |  | $ | 0.50 |
Diluted Earnings (Loss) Per Share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Distributed Earnings |  | $ | 0.03 |  |  | $ | 0.03 |  |  | $ | 0.10 |  |  | $ | 0.08 |
Undistributed Earnings |  |  | (0.04 | ) |  |  | 0.20 |  |  |  | 0.15 |  |  |  | 0.42 |
Total |  | $ | (0.01 | ) |  | $ | 0.23 |  |  | $ | 0.25 |  |  | $ | 0.50 |
Basic Earnings (Loss) Per Share |  | $ | (0.01 | ) |  | $ | 0.23 |  |  | $ | 0.25 |  |  | $ | 0.50 |
Diluted Earnings (Loss) Per Share |  | $ | (0.01 | ) |  | $ | 0.23 |  |  | $ | 0.25 |  |  | $ | 0.50 |
The following tables present net income (loss) that was attributable to participating securities:
|  | Three Months Ended |  |  | Nine Months Ended |
|  | Sept. 28, 2014 |  |  | Sept. 29, 2013 |  |  | Sept. 28, 2014 |  |  | Sept. 29, 2013 |
|  |  |  |  |  | (In millions) |  |  |  |  |
Net Income (Loss) |  | $ | 0.0 |  |  | $ | 0.4 |  |  | $ | 0.4 |  |  | $ | 0.9 |
The weighted average shares outstanding for basic and diluted EPS were as follows:
|  | Three Months Ended |  |  | N i ne Months Ended |
|  | Sept. 28, 2014 |  |  | Sept. 29, 2013 |  |  | Sept. 28, 2014 |  |  | Sept. 29, 2013 |
|  |  |  |  |  | (In thousands) |  |  |  |  |
Weighted Average Shares Outstanding |  |  | 65,045 |  |  |  | 64,446 |  |  |  | 65,050 |  |  |  | 64,423 |
Participating Securities |  |  | 1,420 |  |  |  | 1,737 |  |  |  | 1,420 |  |  |  | 1,737 |
Shares for Basic Earnings (Loss) Per Share |  |  | 66,465 |  |  |  | 66,183 |  |  |  | 66,470 |  |  |  | 66,160 |
Dilutive Effect of Stock Options |  |  | 0 |  |  |  | 134 |  |  |  | 84 |  |  |  | 129 |
Shares for Diluted Earnings (Loss) Per Share |  |  | 66,465 |  |  |  | 66,317 |  |  |  | 66,554 |  |  |  | 66,289 |
For the three-month period ended September 28, 2014, no stock options have been included in the calculation of diluted EPS as the Company was in a net loss position and inclusion of these stock options would have been anti-dilutive. For all other periods presented, all outstanding stock options have been included in the calculation of diluted EPS.

X
- Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration