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Earnings per share
9 Months Ended
Sep. 28, 2013
Earnings Per Share Abstract  
Earnings Per Share Text Block

11. Earnings (Loss) Per Share

Earnings (loss) per share are calculated as follows:

     Quarter ended Three quarters ended
    September 28, 2013September 29, 2012September 28, 2013September 29, 2012
Earnings (loss) from continuing operations        
 attributable to SunOpta Inc.$ 2,913$ 5,692$ (6,883)$ 18,648
Earnings (loss) from discontinued        
 operations, net of income taxes  -  112  (360)  1,193
Earnings (loss) attributable to SunOpta Inc.$ 2,913$ 5,804$ (7,243)$ 19,841
            
Basic weighted-average number of        
 shares outstanding  66,369,141  65,949,415  66,221,286  65,871,213
Dilutive potential of the following:        
 Employee/director stock options  1,389,346  571,131  1,017,574  525,840
 Warrants  411,705  171,829  349,820  143,054
Diluted weighted-average number of        
 shares outstanding  68,170,192  66,692,375  67,588,680  66,540,107
            
Earnings (loss) per share - basic:        
 - from continuing operations$0.04$ 0.09$(0.10)$ 0.28
 - from discontinued operations  -  - (0.01)  0.02
    $0.04$ 0.09$(0.11)$ 0.30
            
Earnings (loss) per share - diluted:        
 - from continuing operations$0.04$ 0.09$(0.10)$ 0.28
 - from discontinued operations  -  - (0.01)  0.02
    $0.04$ 0.09$(0.11)$ 0.30

For the quarter ended September 28, 2013, options to purchase 24,000 (September 29, 2012 - 2,048,700) common shares have been excluded from the calculation of potential dilutive common shares due to their anti-dilutive effect. For the three quarters ended September 28, 2013, options to purchase 144,000 (September 29, 2012 - 2,065,700) common shares have been excluded from the calculation of potential dilutive common shares due to their anti-dilutive effect.

 

For the three quarters ended September 28, 2013, all potential dilutive common shares were excluded from the calculation of diluted loss per share due to their anti-dilutive effect of reducing the loss per share.