XML 49 R19.htm IDEA: XBRL DOCUMENT v2.4.0.6
Net Income Per Common Share (Notes)
3 Months Ended
Mar. 30, 2013
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
12. Net Income per Common Share

The following computations reconcile net income per share – basic with net income per share – diluted (in thousands, except per share amounts):
 
Three Months Ended
 
March 30,
2013
 
March 31,
2012
Net income
$
23,471

 
$
22,417

 
 
 
 
Reconciliation of weighted-average shares outstanding:
 

 
 

Basic weighted-average shares outstanding
55,095

 
55,640

Effect of dilutive securities:
 
 
 
Options
690

 
1,156

Restricted shares
466

 
644

Diluted weighted-average shares outstanding
56,251

 
57,440

 
 
 
 
Net income per share – basic
$
0.43

 
$
0.40

Net income per share – diluted
$
0.42

 
$
0.39


We excluded potentially dilutive stock options totaling 1.0 million and 0.2 million for the three months ended March 30, 2013 and March 31, 2012, respectively, from our diluted net income per share calculations because these securities’ exercise prices were greater than the average market price of our common stock.