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Earnings Per Share
12 Months Ended
Dec. 28, 2012
Earnings Per Share [Abstract]  
Earnings Per Share
EARNINGS PER SHARE
The following data shows the amounts used in computing earnings per share and the effect on the weighted-average number of shares of potentially dilutive common stock.
 
Fiscal Years
2012
 
2011
 
2010
(in thousands, except per share data)
 
 
 
 
 
Numerator:
 
 
 
 
 
Net income attributable to Trimble Navigation Ltd.
$
191,060

 
$
150,755

 
$
103,660

Denominator:
 
 
 
 
 
Weighted average number of common shares used in basic earnings per share
125,566

 
122,725

 
120,352

Effect of dilutive securities (using treasury stock method):
 
 
 
 
 
Common stock options and restricted stock units
2,821

 
3,408

 
3,446

Weighted average number of common shares and dilutive potential common shares used in diluted earnings per share
128,387

 
126,133

 
123,798

Basic earnings per share
$
1.52

 
$
1.23

 
$
0.86

Diluted earnings per share
$
1.49

 
$
1.20

 
$
0.84


For fiscal 2012, 2011 and 2010 the Company excluded 2.4 million shares, 1.9 million shares and 1.8 million shares of outstanding stock options, respectively, from the calculation of diluted earnings per share because the exercise prices of these stock options were greater than or equal to the average market value of the common shares during the respective periods. Inclusion of these shares would be antidilutive. These options could be included in the calculation in the future if the average market value of the common shares increases and is greater than the exercise price of these options.