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Selected Quarterly Financial Information (Unaudited) | 12 Months Ended
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Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract] |
Selected Quarterly Financial Information (Unaudited) | Selected Quarterly Financial Information (Unaudited) The following tables present Kopin’s quarterly operating results for the fiscal years ended December 31, 2016 and December 26, 2015. 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, 2016:
| Three months ended March 26, 2016 |  | Three months ended June 25, 2016 (3) |  | Three months ended September 24, 2016 |  | Three months ended December 31, 2016 (4)
| (In thousands, except per share data)
Revenue | $ | 6,119 |  |  | $ | 4,355 |  |  | $ | 5,795 |  |  | $ | 6,373 |
Gross profit (2) | $ | 1,342 |  |  | $ | (550 | ) |  | $ | 949 |  |  | $ | 1,560 |
Loss from operations | $ | (6,317 | ) |  | $ | (993 | ) |  | $ | (6,883 | ) |  | $ | (6,280 | )
Net (loss) gain attributable to the controlling interest | $ | (6,932 | ) |  | $ | (3,194 | ) |  | $ | (8,117 | ) |  | $ | (5,190 | )
Net (loss) gain per share (1): |  |  |  |  |  |  |
Basic | $ | (0.11 | ) |  | $ | (0.05 | ) |  | $ | (0.13 | ) |  | $ | (0.08 | )
Diluted | $ | (0.11 | ) |  | $ | (0.05 | ) |  | $ | (0.13 | ) |  | $ | (0.08 | )
Shares used in computing net loss per share from continuing operations: |  |  |  |  |  |  |
Basic | 63,978 |  |  | 64,011 |  |  | 64,048 |  |  | 64,138 |
Diluted | 63,978 |  |  | 64,011 |  |  | 64,048 |  |  | 64,138 |
(1) | Net 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) | Includes $7.7 million impact on net gain attributable to the controlling interest relating to the gain on sale of a facility for the three month period ended June 25, 2016.
(4) | Includes $1.0 million impact on net gain attributable to the controlling interest relating to the gain on sale of an investment for the three month period ended December 31, 2016.
Quarterly Periods During Fiscal Year Ended December 26, 2015:
| Three months ended March 28, 2015 (3) |  | Three months ended June 27, 2015 (4) |  | Three months ended September 26, 2015 |  | Three months ended December 26, 2015
| (In thousands, except per share data)
Revenue | $ | 8,585 |  |  | $ | 10,857 |  |  | $ | 8,001 |  |  | $ | 4,612 |
Gross profit (2) | $ | 1,857 |  |  | $ | 3,148 |  |  | $ | 1,762 |  |  | $ | (118 | )
(Loss) income from operations | $ | (5,933 | ) |  | $ | (5,474 | ) |  | $ | (5,923 | ) |  | $ | (7,906 | )
Net loss attributable to the controlling interest | $ | (3,885 | ) |  | $ | 683 |  |  | $ | (4,720 | ) |  | $ | (6,771 | )
Net loss per share from continuing operations (1): |  |  |  |  |  |  |
Basic | $ | (0.06 | ) |  | $ | 0.01 |  |  | $ | (0.07 | ) |  | $ | (0.11 | )
Diluted | $ | (0.06 | ) |  | $ | 0.01 |  |  | $ | (0.07 | ) |  | $ | (0.11 | )
Shares used in computing net loss per share from continuing operations: |  |  |  |  |  |  |
Basic | 63,084 |  |  | 63,066 |  |  | 63,068 |  |  | 63,608 |
Diluted | 63,084 |  |  | 65,030 |  |  | 63,068 |  |  | 63,608 |
(1) | Net 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 component revenue less cost of component revenues.
(3) | Includes $2.1 million impact on net gain attributable to the controlling interest relating to the gain on sale of an investment for the three month period ended March 28, 2015.
(4) | Includes $5.5 million impact on net gain attributable to the controlling interest relating to the gain on sale of an investment for the three month period ended June 27, 2015.
Immaterial Restatement: As a result of the embezzlement described in Note 14, we have made the following correcting adjustments to the amounts presented in our previously issued quarterly financial information:
Increase (Decrease)
| Three months ended March 26, 2016 |  | Three months ended June 25, 2016 |  | Three months ended March 28, 2015 |  | Three months ended June 27, 2015 |  | Three months ended September 26, 2015 |  | Three months ended December 26, 2015
(In thousands)
Gross Profit | $ | 11 |  |  | $ | 36 |  |  | $ | 12 |  |  | $ | 21 |  |  | $ | — |  |  | $ | 52 |
Loss from operations | 11 |  |  | 36 |  |  | 12 |  |  | 21 |  |  | — |  |  | 52 |
Net (loss) gain attributable to the controlling interest | (15 | ) |  | (65 | ) |  | (47 | ) |  | (98 | ) |  | (45 | ) |  | 189 |
The correcting adjustments did not result in any changes to previously reported basic and diluted earnings per share.

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=68076893&loc=d3e1570-108306 Reference 2: 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=68064558&loc=d3e765-108305 Reference 3: 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=68064558&loc=d3e725-108305 + Details
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