Quarterly report pursuant to Section 13 or 15(d)

Note 12 - Net Income (Loss) Per Share

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Note 12 - Net Income (Loss) Per Share
9 Months Ended
Jan. 01, 2017
Notes to Financial Statements  
Earnings Per Share [Text Block]
NOTE
12.
   NET INCOME (LOSS) PER SHARE
 
Basic net income (loss) per share excludes dilution and is computed by dividing net loss attributable to Exar by the weighted average number of common shares outstanding for the applicable period. Diluted earnings per share reflects the potential dilution that would occur if outstanding stock options to purchase common stock were exercised for common stock, using the treasury stock method, and the common stock underlying outstanding RSUs was issued.
 
The following table summarizes our net income (loss) per share for the
periods indicated below (in thousands, except per share amounts):
 
 
 
Three Months Ended
 
 
Nine Months Ended
 
 
 
January 1,
 
 
December 27,
 
 
January 1,
 
 
December 27,
 
 
 
2017
 
 
2015
 
 
2017
 
 
2015
 
Net income (loss) from continuing operations
  $
(281
)   $
(2,045
)   $
7,345
    $
(6,489
)
Net income (loss) from discontinued operations
  $
45,660
    $
(5,092
)   $
47,982
    $
(7,355
)
Net income (loss)
  $
45,379
    $
(7,137
)   $
55,327
    $
(13,844
)
Shares used in computation of net income (loss) from continuing operations per share:
                               
Basic
   
50,409
     
48,386
     
49,548
     
48,146
 
Effect of options and awards
   
-
     
-
     
713
     
-
 
Diluted
   
50,409
     
48,386
     
50,261
     
48,146
 
Shares used in computation of net income (loss) from discontinued operations per share:
                               
Basic
   
50,409
     
48,386
     
49,548
     
48,146
 
Effect of options and awards
   
956
     
-
     
713
     
-
 
Diluted
   
51,365
     
48,386
     
50,261
     
48,146
 
Shares used in computation of net income (loss) per share:
                               
Basic
   
50,409
     
48,386
     
49,548
     
48,146
 
Effect of options and awards
   
956
     
-
     
713
     
-
 
Diluted
   
51,365
     
48,386
     
50,261
     
48,146
 
Net income (loss) per share from continuing operations:
                               
Basic
  $
(0.01
)   $
(0.04
)   $
0.15
    $
(0.13
)
Diluted
  $
(0.01
)   $
(0.04
)   $
0.15
    $
(0.13
)
Net income (loss) per share from discontinued operations:
                               
Basic
  $
0.91
    $
(0.11
)   $
0.97
    $
(0.15
)
Diluted
  $
0.89
    $
(0.11
)   $
0.95
    $
(0.15
)
Net income (loss) per share:
                               
Basic
  $
0.90
    $
(0.15
)   $
1.12
    $
(0.28
)
Diluted
  $
0.88
    $
(0.15
)   $
1.10
    $
(0.28
)