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NET (LOSS) INCOME PER SHARE
9 Months Ended
Sep. 28, 2013
Earnings Per Share [Abstract]  
NET (LOSS) INCOME PER SHARE
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
 
Nine Months Ended
 
September 28, 2013
 
September 29, 2012
 
September 28, 2013
 
September 29, 2012
Weighted average common shares outstanding-basic
63,542,348

 
63,415,345

 
62,620,814

 
63,572,753

Stock options and non-vested restricted common stock

 

 
1,089,019

 

Weighted average common shares outstanding-diluted
63,542,348

 
63,415,345

 
63,709,833

 
63,572,753


The following were not included in weighted average common shares outstanding-diluted because they are anti-dilutive or performance or market conditions had not been met at the end of the period.
 
September 28, 2013
 
September 29, 2012
Non-vested restricted common stock
1,445,000

 
2,881,116

Stock options
708,334

 
1,838,345

Total
2,153,334

 
4,719,461