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Basic and Diluted Income Per Share
 12 Months Ended
Dec. 28, 2012
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

Note 17 — Basic and Diluted Income Per Share

 

The following table sets forth the computation of basic and diluted net income per share (in thousands except per share amounts):

 

    2012     2011     2010  
Numerator:                        
Net Income (loss)   $ (1,763 )   $ 1,348     $ 53  
Denominator:                        
Weighted average common shares and denominator for basic calculation:                        
Weighted average common shares outstanding     36,433       35,578       34,919  
Less: Unvested restricted stock     (180 )     (144 )     (94 )
Denominator for basic calculation     36,253       35,434       34,825  
Weighted average effects of dilutive equity-based compensation awards:                        
Employee stock options     —       859       —  
Warrants     —       585       —  
Denominator for diluted calculation     36,253       36,878       34,825  
                         
Net income (loss) per share – basic   $ (0.05 )   $ 0.04     $ 0.00  
Net income (loss) per share - diluted   $ (0.05 )   $ 0.04     $ 0.00  

 

For 2010, although the Company reported net income as a result of the gain on sale of Domilens, it used the net loss from continuing operations as the control number in determining whether including potential common shares in the diluted income per share calculation would be dilutive or anti-dilutive.

 

The following table sets forth (in thousands) the weighted average number of options and warrants to purchase shares of common stock and restricted stock which were not included in the calculation of diluted per share amounts because the effects would be anti-dilutive.

 

    2012     2011     2010  
Options     1,632       1,101       3,795  
Warrants     746       —       70  
Restricted Stock     180       144       91  
Total     2,558       1,245       3,956