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Net Income Per Common Share (Notes)
6 Months Ended
Jun. 29, 2013
Earnings Per Share [Abstract]  
Net Income per Common 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
 
Six Months Ended
 
June 29,
2013
 
June 30,
2012
 
June 29,
2013
 
June 30,
2012
Net income
$
9,926

 
$
16,973

 
$
33,397

 
$
39,390

 
 
 
 
 
 
 
 
Reconciliation of weighted-average shares outstanding:
 

 
 

 
 
 
 
Basic weighted-average shares outstanding
55,029

 
55,719

 
55,062

 
55,680

Effect of dilutive securities:
 
 
 
 
 
 
 
Options
539

 
1,129

 
613

 
1,099

Restricted shares
419

 
546

 
426

 
588

Diluted weighted-average shares outstanding
55,987

 
57,394

 
56,101

 
57,367

 
 
 
 
 
 
 
 
Net income per share – basic
$
0.18

 
$
0.30

 
$
0.61

 
$
0.71

Net income per share – diluted
$
0.18

 
$
0.30

 
$
0.60

 
$
0.69


We excluded potentially dilutive stock options totaling 1.3 million and 1.3 million for the three and six months ended June 29, 2013, respectively, and 0.3 million and 0.3 million for the three and six months ended June 30, 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.