XML 29 R28.htm IDEA: XBRL DOCUMENT

Note 9 - Earnings Per Share (Tables)

6 Months Ended

Jul. 01, 2012

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

		Three-Month Period Ended								Six-Month Period Ended
		July 1, 2012				July 3, 2011				July 1, 2012				July 3, 2011

Net Income (Loss) from continuing operations attributable to Ultralife		$	(3,216	)		$	2,764			$	(4,647	)		$	(1,073	)
Net Income (Loss) from continuing operations attributable to participating securities (unvested restricted stock awards) (-0-, 2,000, -0- and -0- shares, respectively)			-				-				-				-
Net Income (Loss) from continuing operations attributable to Ultralife common shareholders (a)			(3,216	)			2,764				(4,647	)			(1,073	)
Effect of Dilutive Securities			-				-				-				-
Net Income (Loss) from continuing operations attributable to Ultralife common shareholders - Adjusted (b)		$	(3,216	)		$	2,764			$	(4,647	)		$	(1,073	)

Net Income (Loss) from discontinued operations attributable to Ultralife common shareholders (c)		$	49			$	(2,325	)		$	(22	)		$	(4,178	)
Effect of Dilutive Securities			-				-				-				-
Net Income (Loss) from discontinued operations attributable to Ultralife common shareholders - Adjusted (d)		$	49			$	(2,325	)		$	(22	)		$	(4,178	)

Average Common Shares Outstanding – Basic (e)			17,396,000				17,296,000				17,376,000				17,286,000
Effect of Dilutive Securities:
Stock Options / Warrants			-				12,000				-				-
Average Common Shares Outstanding – Diluted (f)			17,396,000				17,308,000				17,376,000				17,286,000

EPS – Basic (a/e) - continuing operations		$	(0.18	)		$	0.16			$	(0.27	)		$	(0.06	)
EPS – Basic (c/e) - discontinued operations		$	0.00			$	(0.13	)		$	(0.00	)		$	(0.24	)
EPS – Diluted (b/f) - continuing operations		$	(0.18	)		$	0.16			$	(0.27	)		$	(0.06	)
EPS – Diluted (d/f) - discontinued operations		$	0.00			$	(0.13	)		$	(0.00	)		$	(0.24	)