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Net Income Per Common Share
 9 Months Ended
Sep. 28, 2013
Earnings Per Share [Abstract]  
Net Income per Common Share
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
 
Nine Months Ended
 
September 28,
2013
 
September 29,
2012
 
September 28,
2013
 
September 29,
2012
Net income
$
20,259

 
$
26,209

 
$
53,656

 
$
65,599

 
 
 
 
 
 
 
 
Reconciliation of weighted-average shares outstanding:
 

 
 

 
 
 
 
Basic weighted-average shares outstanding
54,854

 
55,444

 
54,992

 
55,601

Effect of dilutive securities:
 
 
 
 
 
 
 
Options
531

 
1,121

 
589

 
1,085

Restricted shares
363

 
421

 
409

 
516

Diluted weighted-average shares outstanding
55,748

 
56,986

 
55,990

 
57,202

 
 
 
 
 
 
 
 
Net income per share – basic
$
0.37

 
$
0.47

 
$
0.98

 
$
1.18

Net income per share – diluted
$
0.36

 
$
0.46

 
$
0.96

 
$
1.15


We excluded potentially dilutive stock options totaling 0.6 million and 1.3 million for the three and nine months ended September 28, 2013, respectively, and 0.3 million and 0.3 million for the three and nine months ended September 29, 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.