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Net Income (Loss) Per Share of Common Stock (Tables)

9 Months Ended

Mar. 29, 2019

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table presents the computation of basic and diluted net income (loss) per share attributable to our common stockholders:

	Three Months Ended								Nine Months Ended
(In thousands, except per share amounts)	March 29, 2019				March 30, 2018				March 29, 2019				March 30, 2018
Numerator:
Net income (loss) attributable to Aviat Networks	$	4,339			$	(2,623	)		$	5,899			$	1,791
Denominator:
Weighted-average shares outstanding, basic	5,381				5,344				5,382				5,331
Effect of potentially dilutive equivalent shares	196				—				252				301
Weighted-average shares outstanding, diluted	5,577				5,344				5,634				5,632
Net income (loss) per share of common stock outstanding:
Basic	$	0.81			$	(0.49	)		$	1.10			$	0.34
Diluted	$	0.78			$	(0.49	)		$	1.05			$	0.32

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following table summarizes the weighted-average equity awards that were excluded from the diluted net income (loss) per share calculations since they were anti-dilutive:

	Three Months Ended						Nine Months Ended
(In thousands)	March 29, 2019			March 30, 2018			March 29, 2019			March 30, 2018
Stock options	394			343			375			333
Restricted stock units and performance stock units	52			437			39			—
Total shares of common stock excluded	446			780			414			333

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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