Earnings Per Share

9 Months Ended

Oct. 04, 2015

Basic earnings per share was computed by dividing net income by the weighted-average number of common shares outstanding during the period less restricted unvested shares. Diluted earnings per share was computed by dividing net income by the weighted-average number of common shares outstanding plus all potentially dilutive common stock equivalents, primarily shares issuable upon the exercise of stock options using the treasury stock method. The following table reconciles the number of shares utilized in the earnings per share calculations:



	Three Months Ended		Nine Months Ended
	October 4, 2015	September 28, 2014	October 4, 2015	September 28, 2014
	(In thousands)
Number of common shares—basic	112,632	112,646	112,763	112,662
Effect of dilutive securities:
Stock options	580	870	633	964
Restricted stock awards	210	243	169	210
Number of common shares—diluted	113,422	113,759	113,565	113,836
Number of potentially dilutive securities excluded from calculation due to antidilutive impact	521	482	649	480

Antidilutive securities include outstanding stock options with exercise prices and average unrecognized compensation cost in excess of the average fair market value of common stock for the related period. Antidilutive options were excluded from the calculation of diluted net income per share and could become dilutive in the future.