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Net Income Per Share
3 Months Ended
Mar. 29, 2013
Earnings Per Share [Abstract]  
Net Income Per Share
Net Income Per Share
Basic and diluted earnings per share (EPS) for the quarters ended March 29, 2013 and March 30, 2012 was as follows:
 
 
 
For the Quarter Ended
(amounts in thousands, except per-share data)
 
March 29, 2013
 
March 30, 2012
Weighted-average number of shares outstanding during period
 
15,430

 
15,169

Common stock equivalents - incremental shares primarily under
 
 
 
 
stock option plans
 
1,636

 
1,703

Number of shares on which diluted earnings per share is based
 
17,066

 
16,872

Net income
 
$
4,057

 
$
3,360

Net income per share
 
 
 
 
Basic
 
$
0.26

 
$
0.22

Diluted
 
$
0.24

 
$
0.20


Weighted-average shares represent the average number of issued shares less treasury shares and shares held in the Stock Trusts, and for the basic EPS calculations, unvested restricted stock.
Certain options representing 0.1 million and 0.2 million shares of common stock were outstanding at March 29, 2013 and March 30, 2012, respectively, but were not included in the computation of diluted earnings per share as their effect on the computation would have been anti-dilutive.