Earnings Per Share

6 Months Ended

Jun. 29, 2012

Earnings Per Share [Abstract]

Earnings Per Share

Note 2 – Earnings Per Share

The following table sets forth the computation of basic and diluted net income per unit/share:

	13 Weeks Ended				26 Weeks Ended
	June 29, 2012		June 24, 2011		June 29, 2012		June 24, 2011
Net income	$	4,459	$	2,653	$	7,092	$	3,673
Net income per share/unit:
Basic	$	0.22	$	0.17	$	0.35	$	0.24
Diluted	$	0.21	$	0.17	$	0.34	$	0.23
Weighted average common shares/units outstanding (1):
Basic		20,541,234		15,489,100		20,526,293		15,472,463
Diluted		20,884,977		16,000,000		20,876,995		16,000,000

(1) Adjusted to reflect the effect of our reorganization transaction completed on July 27, 2011 in which Chefs’ Warehouse Holdings, LLC was converted into The Chefs’ Warehouse, Inc. (See Note 1).

Reconciliation of net income per common share/unit:

	13 Weeks Ended				26 Weeks Ended
	June 29, 2012		June 24, 2011		June 29, 2012		June 24, 2011
Numerator:
Net income	$	4,459	$	2,653	$	7,092	$	3,673
Denominator:
Weighted average basic common shares/units outstanding		20,541,234		15,489,100		20,526,293		15,472,463
Dilutive effect of unvested common shares/units		343,743		510,900		350,702		527,537
Weighted average diluted common shares/units outstanding		20,884,977		16,000,000		20,876,995		16,000,000