Net Income Per Share

3 Months Ended

Jun. 30, 2012

Net Income Per Share [Abstract]

Net Income Per Share

9.Net Income Per Share

Basic net income per share is based on the weighted effect of common shares issued and outstanding and is calculated by dividing net income by the basic weighted average shares outstanding during the period.Diluted net income per share is calculated by dividing net income by the weighted average number of common shares used in the basic net income per share calculation, plus the equivalent number of common shares that would be issued assuming exercise or conversion of all potentially dilutive items outstanding.These potentially dilutive items consist primarily of outstanding stock options and restricted stock units.

The weighted average outstanding options excluded from our diluted calculation for the three months ended June 30, 2012, and June 25, 2011, were 64,000, and 901,000, respectively, as the strike price of the options exceeded the average market price during the respective periods.