Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) Per Share (Tables)

v3.8.0.1
Net Income (Loss) Per Share (Tables)
 9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Components of Basic and Diluted Loss Per Share
The following table sets forth the components of basic and diluted net income (loss) per share:
 
Three Months Ended
 
Nine Months Ended
 
September 30,
2017
 
September 24,
2016
 
September 30,
2017
 
September 24,
2016
 
(In millions, except per share amounts)
Numerator – Net income (loss):
 
 
 
 
 
 
 
Numerator for basic and diluted net income (loss) per share
$
71

 
$
(406
)
 
$
(18
)
 
$
(446
)
Denominator - Weighted average shares
 
 
 
 
 
 
 
Denominator for basic net income (loss) per share
957

 
815

 
947

 
801

Effect of potentially dilutive shares:
 
 
 
 
 
 
 
Employee stock options and restricted stock units
44

 
—

 
—

 
—

Warrants
41

 
—

 
—

 
—

Denominator for diluted net income (loss) per share
1,042

 
815

 
947

 
801

Net income (loss) per share:
 
 
 
 
 
 
 
Basic
$
0.07

 
$
(0.50
)
 
$
(0.02
)
 
$
(0.56
)
Diluted
$
0.07

 
$
(0.50
)
 
$
(0.02
)
 
$
(0.56
)