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(Loss) Earnings Per Common Share (Tables)
3 Months Ended
Mar. 31, 2013
(Loss) Earnings Per Common Share [Abstract]  
Reconciliation of basic and diluted earnings (loss) per Share

A reconciliation of the weighted average shares outstanding used in the calculation of basic and diluted earnings (loss) per common share is as follows (in thousands):

 

                 
    Three Months Ended  
    March 31,
2013
    April 1,
2012
 
    (Unaudited)  

(Loss) earnings attributable to stockholders:

               

(Loss) income from continuing operations as reported

  $ (6,459   $ 5,511  

Less distributed and undistributed earnings allocable to restricted awarded holders

    0       (197

Less dividends declared attributed to restricted awarded holders

    (12     (13
   

 

 

   

 

 

 

Net (loss) income from continuing operations allocable to common stockholders

  $ (6,471   $ 5,301  

Loss from discontinued operations, net of tax allocable to common stockholders

    0       (223
   

 

 

   

 

 

 

Net (loss) income allocable to common stockholders

  $ (6,471   $ 5,078  
   

 

 

   

 

 

 

Basic (loss) earnings per common share attributable to stockholders:

               

Continuing operations

  $ (0.34   $ 0.28  

Discontinued operations

    0.00       (0.01
   

 

 

   

 

 

 

Net (loss) income

  $ (0.34   $ 0.27  
   

 

 

   

 

 

 

Diluted (loss) earnings per common share attributable to stockholders:

               

Continuing operations

  $ (0.34   $ 0.28  

Discontinued operations

    0.00       (0.01
   

 

 

   

 

 

 

Net (loss) income

  $ (0.34   $ 0.27  
   

 

 

   

 

 

 

Weighted average shares outstanding – basic

    19,151       18,938  

Weighted average additional shares assuming conversion of potential common shares

    0       210  
   

 

 

   

 

 

 

Weighted average shares outstanding – diluted

    19,151       19,148