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Selected Quarterly Financial Information (Unaudited) | 12 Months Ended
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Dec. 31, 2011
Selected Quarterly Financial Information (Unaudited) | 14. Selected Quarterly Financial Information (Unaudited) The following tables present Kopin’s quarterly operating results for the fiscal years ended December 31, 2011 and December 25, 2010. The information for each of these quarters is unaudited and has been prepared on the same basis as the audited consolidated financial statements. In the opinion of management, all necessary adjustments, consisting only of normal recurring adjustments, have been included to present fairly the unaudited consolidated quarterly results when read in conjunction with Kopin’s audited consolidated financial statements and related notes. These operating results are not necessarily indicative of the results of any future period. Quarterly Periods During Fiscal Year Ended December 31, 2011:
|  | Three months ended March 26, 2011 |  |  | Three months ended June 25, 2011 |  |  | Three months ended September 24, 2011 |  |  | Three months ended December 31, 2011 |
|  | (In thousands, except per share data) |
Revenue |  | $ | 34,934 |  |  | $ | 31,431 |  |  | $ | 29,566 |  |  | $ | 35,213 |
Gross profit (2) |  |  | 10,974 |  |  |  | 10,482 |  |  |  | 9,467 |  |  |  | 12,431 |
Net income attributable to the controlling interest |  | $ | 2,066 |  |  | $ | 802 |  |  | $ | 797 |  |  | $ | (67 | )
Net income per share (1): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.03 |  |  | $ | 0.01 |  |  | $ | 0.01 |  |  | $ | 0.00 |
Diluted |  | $ | 0.03 |  |  | $ | 0.01 |  |  | $ | 0.01 |  |  | $ | 0.00 |
Shares used in computing net income per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 64,737 |  |  |  | 64,529 |  |  |  | 64,292 |  |  |  | 64,065 |
Diluted |  |  | 65,655 |  |  |  | 66,775 |  |  |  | 65,441 |  |  |  | 64,065 |
(1) | Net income per share is computed independently for each of the quarters presented; accordingly, the sum of the quarterly net income per share may not equal the total computed for the year.
(2) | Gross profit is defined as net product revenue less cost of product revenues.
Quarterly Periods During Fiscal Year Ended December 25, 2010:
|  | Three months ended March 27 2010 |  |  | Three months ended June 26 2010 |  |  | Three months ended September 25 2010 |  |  | Three months ended December 25, 2010 (3) |
|  | (In thousands, except per share data) |
Revenue |  | $ | 25,454 |  |  | $ | 30,189 |  |  | $ | 31,602 |  |  | $ | 33,140 |
Gross profit (2) |  |  | 6,338 |  |  |  | 7,275 |  |  |  | 10,054 |  |  |  | 11,731 |
Net income attributable to the controlling interest |  | $ | 1,037 |  |  | $ | 1,861 |  |  | $ | 1,361 |  |  | $ | 4,676 |
Net income per share (1): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.02 |  |  | $ | 0.03 |  |  | $ | 0.02 |  |  | $ | 0.07 |
Diluted |  | $ | 0.02 |  |  | $ | 0.03 |  |  | $ | 0.02 |  |  | $ | 0.07 |
Shares used in computing net income per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 66,588 |  |  |  | 66,626 |  |  |  | 66,115 |  |  |  | 64,751 |
Diluted |  |  | 67,311 |  |  |  | 67,357 |  |  |  | 66,779 |  |  |  | 65,399 |
(1) | Net income (loss) per share is computed independently for each of the quarters presented; accordingly, the sum of the quarterly net income per share may not equal the total computed for the year.
(2) | Gross profit is defined as net product revenue less cost of product revenues.
(3) | The net income attributable to the controlling interest for the fourth quarter of fiscal year 2010 was impacted by gains of $1.4 million related to reimbursement of insurance claims.

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- Definition The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section G -Subsection 1 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e725-108305 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 28 -Paragraph 23, 24 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e765-108305 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 28 -Paragraph 30 -Subparagraph a-j -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 302 -Paragraph a Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=6952194&loc=d3e1280-108306 + Details
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