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Net Income Per Share
9 Months Ended
Sep. 28, 2012
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 (in thousands):

 

    Three Months Ended     Nine Months Ended  
    September 28,
2012
    September 30,
2011
    September 28,
2012
    September 30,
2011
 
                         
Shares used in basic per share computation     13,694       13,975       13,796       14,313  
Effect of dilutive common stock options outstanding     150       201       158       203  
Effect of dilutive restricted stock units outstanding     352       378       363       388  
                                 
Shares used in diluted per share computation     14,196       14,554       14,317       14,904  

 

There were no options excluded from the diluted per share calculations for the three and nine months ended September 28, 2012 and September 30, 2011.