NET (LOSS) INCOME PER SHARE

3 Months Ended

Mar. 30, 2013

NET INCOME (LOSS) PER SHARE

Basic net income (loss) per share is computed using the weighted average number of shares of common stock outstanding during the period less any non-vested restricted shares. Diluted earnings per common share, if applicable, is calculated using weighted average shares outstanding and contingently issuable shares, less weighted average shares reacquired during the period. The net outstanding shares are adjusted for the dilutive effect of shares issuable upon the assumed conversion of the Company’s common stock equivalents, which consist of outstanding stock options and unvested restricted stock units.

Weighted average common shares outstanding used to calculate earnings per share are as follows:



	Three Months Ended
	March 30, 2013	March 31, 2012
Weighted average common shares outstanding-basic	63,935,508	64,225,456
Stock options and non-vested restricted common stock	—	—
Weighted average common shares outstanding-diluted	63,935,508	64,225,456

The following were not included in weighted average common shares outstanding-diluted because they are anti-dilutive or performance conditions have not been met at the end of the period.



	March 30, 2013	March 31, 2012
Non-vested restricted common stock	2,411,048	822,715
Stock options	981,505	1,764,225
Total	3,392,553	2,586,940

- Definition

The entire disclosure for earnings per share.

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