Earnings Per Share

9 Months Ended

Sep. 28, 2013

Earnings Per Share

Earnings Per Share

2. Earnings Per Share

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

	Three Months Ended				Nine Months Ended
	September 28,  2013		September 29, 2012		September 28,  2013		September 29, 2012
Net income	$	6,531	$	10,024	$	39,177	$	44,853
Shares used in computing basic earnings per share	42,684		41,735		42,477		42,279
Effect of dilutive securities:
Stock options and other stock-based awards	1,238		785		960		982
Shares used in computing diluted earnings per share	43,922		42,520		43,437		43,261
Earnings per share:
Basic	$	0.15	$	0.24	$	0.92	$	1.06
Diluted	$	0.15	$	0.24	$	0.90	$	1.04

For the three months ended September 28, 2013 and September 29, 2012 and the nine months ended September 28, 2013 and September 29, 2012, approximately 0.5 million, 0.8 million, 0.4 million and 0.9 million shares, respectively, were not included in the diluted earnings per share calculation since the shares were anti-dilutive.