v2.4.0.6
Net Income (Loss) Per Share
9 Months Ended
Sep. 29, 2012
Net Income (Loss) Per Share [Abstract]  
NET INCOME (LOSS) PER SHARE

NOTE 11 — NET INCOME (LOSS) PER SHARE

The table below sets forth the reconciliation of the basic and diluted net income (loss) per share computations:

 

                                 
    Three Months Ended     Nine Months Ended  
    September 29,
2012
    September 24,
2011
    September 29,
2012
    September 24,
2011
 

Shares used in computing basic net income (loss) per share

    17,141,000       17,120,000       17,130,000       17,120,000  

Dilutive effect of options and warrants

    95,000       —         119,000       —    
   

 

 

   

 

 

   

 

 

   

 

 

 

Shares used in computing diluted net income (loss) per share

    17,236,000       17,120,000       17,249,000       17,120,000  
   

 

 

   

 

 

   

 

 

   

 

 

 

For the three and nine months ended September 29, 2012, options and warrants to purchase 221,000 and 193,000 shares of common stock at exercise prices ranging from $1.51 to $7.37 per share and $1.81 - $7.37 per share, respectively, were outstanding but were not included in the computation of diluted net income per share as the result would be anti-dilutive. For the three and nine months ended September 24, 2011, options to purchase 679,875 shares of common stock at exercise prices ranging from $1.17 to $7.37 per share were outstanding but were not included in the calculation of diluted net loss per share as the result would be anti-dilutive.