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Earnings (Loss) Per Share
9 Months Ended
Sep. 30, 2012
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share
Earnings (Loss) Per Share
 
The following table sets forth the computation of basic and diluted earnings (loss) per share for the three- and nine-month periods ended September 30, 2012, and October 2, 2011:

 
 
Three Months Ended
 
Nine Months Ended
 
 
September 30,
2012
 
October 2,
2011
 
September 30,
2012
 
October 2,
2011
Numerator:
 
 
 
 
 
 
 
 
Income from continuing operations
 
$
1,660

 
$
1,966

 
$
6,108

 
$
4,743

Income (loss) from discontinued operations
 
(159
)
 
(232
)
 
5,493

 
(853
)
Net income
 
$
1,501

 
$
1,734

 
$
11,601

 
$
3,890

 
 
 
 
 
 
 
 
 
Denominator:
 
 

 
 

 
 
 
 
Weighted average shares - basic earnings per share
 
3,174

 
3,143

 
3,168

 
3,137

Add dilutive effective of stock based compensation
 
81

 
60

 
95

 
59

Weighted average shares - diluted earnings per share
 
3,255

 
3,203

 
3,263

 
3,196

 
 
 
 
 
 
 
 
 
Income (loss) per share - basic:
 
 
 
 
 
 
 
 
Continuing operations
 
$
0.52

 
$
0.62

 
$
1.93

 
$
1.51

Discontinued operations
 
$
(0.05
)
 
$
(0.07
)
 
$
1.73

 
$
(0.27
)
Net income per share
 
$
0.47

 
$
0.55

 
$
3.66

 
$
1.24

 
 
 
 
 
 
 
 
 
Income (loss) per share - diluted:
 
 
 
 
 
 
 
 
Continuing operations
 
$
0.51

 
$
0.61

 
$
1.87

 
$
1.48

Discontinued operations
 
$
(0.05
)
 
$
(0.07
)
 
$
1.68

 
$
(0.27
)
Net income per share
 
$
0.46

 
$
0.54

 
$
3.55

 
$
1.21



Outstanding options to purchase 164 thousand and 170 thousand shares of common stock as of September 30, 2012, and October 2, 2011, respectively, have not been included in the Company’s computation of weighted average shares for diluted earnings per share because the effect would have been anti-dilutive.