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Earnings per Share
6 Months Ended
May 27, 2012
Earnings per Share  
Earnings per Share

Note 19: Earnings per Share

        The following table sets forth the computation of basic and diluted earnings per share for the three months ended:

 
  Three Months Ended   Six Months Ended  
 
  May 27, 2012   May 29, 2011   May 27, 2012   May 29, 2011  
 
  (in thousands)
  (in thousands)
 

Numerator:

                         

Net income from continuing operations, as reported

  $ 2,815   $ 750   $ 4,421   $ 880  

Net income attributable to participating securities

    (7 )   (1 )   (10 )   (1 )
                   

Net income from continuing operations available to common shareholders

  $ 2,808   $ 749   $ 4,411   $ 879  
                   

Denominator:

                         

Denominator for basic earnings per share—weighted average shares

    101,112     98,040     101,014     97,928  

Effect of dilutive securities:

                         

Stock options

    717     796     703     841  

Restricted share units

    7,724     8,669     7,444     8,112  

Other

    575     428     557     417  
                   

Denominator for diluted earnings per share—adjusted weighted average shares and assumed conversions

    110,128     107,933     109,718     107,298  
                   

        For the three and six months ended May 27, 2012, 4,152 options and share units (in thousands), were not included in the computation of diluted earnings per share because their impact is antidilutive. Additionally, for the three and six months ended May 27, 2012, a weighted average 212,651 and 210,483 shares (in thousands), respectively of the outstanding Convertible Notes were excluded from the computation of diluted earnings per share since their inclusion would be antidilutive. For the three and six months ended May 29, 2011, 4,012 and 4,004 options and share units (in thousands), respectively, were not included in the computation of diluted earnings per share because their impact is antidilutive. The Convertible Notes not included in the computation of diluted earnings per share for the three and six months ended May 29, 2011 convert into a weighted average 196,610 and 194,646 shares (in thousands), respectively.