Net Income Per Share

6 Months Ended

Jul. 01, 2011

Net Income Per Share

Note 3: Net Income Per Share

Basic per share amounts are computed using the weighted-average number of common shares outstanding during the period.  Diluted per share amounts are calculated using the weighted-average number of common shares outstanding during the period and, when dilutive, the weighted-average number of potential common shares from the issuance of common stock to satisfy outstanding restricted stock units and the exercise of outstanding options to purchase common stock using the treasury stock method.

The following schedule reconciles the shares used to calculate basic and diluted net income per share:

	Three Months Ended				Six Months Ended
(In thousands)	July 1,  2011		July 2,  2010		July 1,  2011		July 2,  2010
Shares used in basic per share computation		14,402		14,377		14,467		14,295
Effect of dilutive common stock options outstanding		197		280		202		310
Effect of dilutive restricted stock units outstanding		372		397		393		404
Shares used in diluted per share computation		14,971		15,054		15,062		15,009

There were no options excluded from the diluted per share calculation for the three and six months ended July 1, 2011.  Common stock options to purchase 60,000 shares were excluded from the diluted per share calculation for the three and six months ended July 2, 2010, due to their antidilutive effect.  The weighted-average exercise price for the antidilutive shares was $31.01 for the three and six months ended July 2, 2010.