Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) Per Share (Tables)

v3.5.0.2
Net Income (Loss) Per Share (Tables)
 6 Months Ended
Jun. 25, 2016
Earnings Per Share [Abstract]  
Components of Basic and Diluted Income (Loss) Per Share
The following table sets forth the components of basic and diluted net income (loss) per share:
 
Three Months Ended
 
Six Months Ended
 
June 25,
2016
 
June 27,
2015
 
June 25,
2016
 
June 27,
2015
 
(In millions, except per share amounts)
Numerator – Net income (loss):
 
 
 
 
 
 
 
Numerator for basic and diluted net income (loss) per share
$
69

 
$
(181
)
 
$
(40
)
 
$
(361
)
Denominator – Weighted average shares
 
 
 
 
 
 
 
Denominator for basic net income (loss) per share
794

 
778

 
794

 
778

Effect of potentially dilutive shares:
 
 
 
 
 
 
 
Employee stock options and restricted stock units
27

 
—

 
—

 
—

Denominator for diluted net income (loss) per share
821

 
778

 
794

 
778

Net income (loss) per share:
 
 
 
 
 
 
 
Basic
$
0.09

 
$
(0.23
)
 
$
(0.05
)
 
$
(0.46
)
Diluted
$
0.08

 
$
(0.23
)
 
$
(0.05
)
 
$
(0.46
)