Components of Earnings Per Common Share Computation

9 Months Ended

Oct. 02, 2011

Components of Earnings Per Common Share Computation [Abstract]

Components of Earnings Per Common Share Computation

Note 12 — Components of Earnings Per Common Share Computation

The Company’s basic earnings per share calculation is computed based on the weighted-average number of common shares outstanding. Diluted earnings per share calculation is computed based on the weighted-average number of common shares outstanding adjusted by the number of additional shares that would have been outstanding had the potentially dilutive common shares been issued. Potentially dilutive common shares include employee stock options, non-vested restricted stock awards and non-vested restricted share units. Performance based awards are included in the average diluted shares outstanding each period if the performance criteria have been met at the end of the respective periods.

Potentially dilutive shares are excluded from the diluted earnings per share computation in periods in which they have an anti-dilutive effect. During the twelve and forty week periods ended October 2, 2011, approximately 0.1 million weighted stock options were not included in the computation of diluted earnings per share.

	12 Weeks Ended				40 Weeks Ended
(In millions)	10/02/11		10/03/10		10/02/11		10/03/10
Numerator for earnings per share computation:
Net Income	$	5.8	$	5.9	$	18.5	$	18.5
Denominator for basic earnings per share — weighted average shares		24.1		25.3		24.7		25.3
Effect of dilutive share-based employee and director compensation		0.4		0.2		0.4		0.2
Denominator for diluted earnings per share		24.5		25.5		25.1		25.5