Net Income per Common Share

3 Months Ended

Mar. 31, 2012

Net Income per Common Share [Abstract]

Net Income per Common Share

9. 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 31, 2012		April 2, 2011
Net income	$	22,417	$	16,583
Reconciliation of weighted-average shares outstanding:
Basic weighted-average shares outstanding		55,640		54,726
Effect of dilutive securities:
Options		1,156		714
Restricted shares		644		537
Diluted weighted-average shares outstanding		57,440		55,977
Net income per share – basic	$	0.40	$	0.30
Net income per share – diluted	$	0.39	$	0.30

We excluded potentially dilutive stock options totaling 0.2 million and 2.4 million for the three months ended March 31, 2012, and April 2, 2011, 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.