Net Income per Share

12 Months Ended

Dec. 31, 2011

Net Income per Share

Net Income per Share

Note 12—Net Income per Share

        The following table sets forth the computation of basic and diluted net income per share (in thousands, except per share data):

	Fiscal Years
	2011		2010			2009
Numerator:
Net income:
Continuing operations	$	28,331	$	24,319		$	20,774
Discontinued operation		1,839		(166	)		16,109
Total operations	$	30,170	$	24,153		$	36,883
Denominator:
Denominator for basic net income per share-weighted average shares outstanding		51,797		51,535			50,899
Dilutive common equivalent shares:
Employee stock options and other		2,288		2,941			2,010
Denominator for diluted net income per share- weighted average shares outstanding, assuming exercise of potential dilutive common shares		54,085		54,476			52,909
Basic net income per share:(1)
Continuing operations	$	0.55	$	0.47		$	0.41
Discontinued operation		0.04		—			0.32
Total operations	$	0.58	$	0.47		$	0.72
Diluted net income per share:(1)
Continuing operations	$	0.52	$	0.45		$	0.39
Discontinued operation		0.03		—			0.30
Total operations	$	0.56	$	0.44		$	0.70

(1)

Net income per share is based on actual calculated values and totals may not sum due to rounding.

        Weighted average stock options, SARs and RSUs of approximately 2.1 million, 1.8 million and 3.8 million were excluded from the computation of diluted net income per share for fiscal 2011, 2010 and 2009, respectively, because their inclusion would have been anti-dilutive.