2.2.0.25falsefalse14 - Disclosure - EARNINGS PER SHAREtruefalsefalse1falsefalseUSDfalsefalse1/1/2011 - 4/2/2011 USD ($) USD ($) / shares $Context_3ME_02-Apr-2011http://www.sec.gov/CIK0000095029duration2011-01-01T00:00:002011-04-02T00:00:00USDStandardhttp://www.xbrl.org/2003/iso4217USDiso42170USDEPSDividehttp://www.xbrl.org/2003/iso4217USDiso4217http://www.xbrl.org/2003/instancesharesxbrli0SharesStandardhttp://www.xbrl.org/2003/instancesharesxbrli0USDUSD$2true0us-gaap_EarningsPerShareAbstractus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalseEarnings Per Share [Abstract]3false0us-gaap_EarningsPerShareTextBlockus-gaaptruenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalseverboselabel1falsefalsefalse00<p style="font-style:times new roman;font-size:10pt;text-align:left;">NOTE 7 - EARNINGS PER SHARE</p> <p style="font-style:times new roman;font-size:10pt;text-align:left; text-indent:25px;">Set forth below is a reconciliation of the numerator and denominator for basic and diluted earnings per share calculations for the periods indicated:</p> <table align="center" cellspacing="0" border="0" width="100%"> <tr> <td style="vertical-align:top; border-top:1px solid black;border-bottom:1px solid black; border-right:1px solid black;border-left:1px solid black;"> <p style="font-style:times new roman;font-size:10pt;text-align:left;">&#160;</p> </td> <td colspan="4" style="vertical-align:top; border-top:1px solid black;border-bottom:1px solid black; border-right:1px solid black;"> <p style="font-style:times new roman;font-size:10pt;text-align:center;">Three Months Ended</p> </td> </tr> <tr> <td style="vertical-align:top; border-right:1px solid black;border-left:1px solid black;"> <p style="font-style:times new roman;font-size:10pt;text-align:left;">&#160;</p> </td> <td colspan="2" style="vertical-align:top; border-bottom:1px solid black; border-right:1px solid black;"> <p style="font-style:times new roman;font-size:10pt;text-align:center;">April 2, 2011</p> </td> <td colspan="2" style="vertical-align:top; 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border-right:1px solid black;"> <p style="font-style:times new roman;font-size:10pt;text-align:center;">&#160;</p> </td> </tr> <tr style="background-color:#c0c0c0;"> <td style="vertical-align:top; border-right:1px solid black;border-left:1px solid black;"> <p style="font-style:times new roman;font-size:10pt;text-align:left; margin-left:20px;">Net income</p> </td> <td style="vertical-align:bottom;text-align:right;font-style:times new roman;font-size:10pt;">$</td><td style="vertical-align:top; border-right:1px solid black;"> <p style="font-style:times new roman;font-size:10pt;text-align:right;">7,947</p> </td> <td style="vertical-align:bottom;text-align:right;font-style:times new roman;font-size:10pt;">$</td><td style="vertical-align:top; border-right:1px solid black;"> <p style="font-style:times new roman;font-size:10pt;text-align:right;">8,316</p> </td> </tr> <tr> <td style="vertical-align:top; border-right:1px solid black;border-left:1px solid black;"> <p style="font-style:times new roman;font-size:10pt;text-align:left;">Denominator:</p> </td> <td colspan="2" style="vertical-align:top; border-right:1px solid black;"> <p style="font-style:times new roman;font-size:10pt;text-align:right;">&#160;</p> </td> <td colspan="2" style="vertical-align:top; border-right:1px solid black;"> <p style="font-style:times new roman;font-size:10pt;text-align:right;">&#160;</p> </td> </tr> <tr style="background-color:#c0c0c0;"> <td style="vertical-align:top; border-right:1px solid black;border-left:1px solid black;"> <p style="font-style:times new roman;font-size:10pt;text-align:left; margin-left:30px;text-indent:-10px;">Weighted average number of common shares outstanding &#8211; Basic</p> </td> <td colspan="2" style="vertical-align:top; border-right:1px solid black;"> <p style="font-style:times new roman;font-size:10pt;text-align:right;">18,752,088</p> </td> <td colspan="2" style="vertical-align:top; border-right:1px solid black;"> <p style="font-style:times new roman;font-size:10pt;text-align:right;">19,086,797</p> </td> </tr> <tr> <td style="vertical-align:top; border-bottom:1px solid black; border-right:1px solid black;border-left:1px solid black;"> <p style="font-style:times new roman;font-size:10pt;text-align:left; margin-left:30px;text-indent:-10px;">Dilutive effect of options and restricted stock units outstanding under the Company's employee compensation plans</p> </td> <td colspan="2" style="vertical-align:top; border-bottom:1px solid black; border-right:1px solid black;"> <p style="font-style:times new roman;font-size:10pt;text-align:right;">220,201</p> </td> <td colspan="2" style="vertical-align:top; border-bottom:1px solid black; border-right:1px solid black;"> <p style="font-style:times new roman;font-size:10pt;text-align:right;">253,431</p> </td> </tr> <tr style="background-color:#c0c0c0;"> <td style="vertical-align:top; border-bottom:2px double black; border-right:1px solid black;border-left:1px solid black;"> <p style="font-style:times new roman;font-size:10pt;text-align:left; margin-left:20px;text-indent:-20px;">Weighted average number of common shares outstanding &#8211; 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The weighted average number of common shares outstanding has decreased from the comparable prior year periods as a result of the Company's stock repurchase plans. See Note 8 for further information.</p> <p style="font-style:times new roman;font-size:10pt;text-align:left; text-indent:25px;">The following average numbers of stock options are anti-dilutive and therefore are not included in the diluted earnings per share calculation:</p> <table align="center" cellspacing="0" border="0" width="100%"> <tr> <td style="vertical-align:top; border-top:1px solid black;border-bottom:1px solid black; border-right:1px solid black;"> <p style="font-style:times new roman;font-size:10pt;text-align:left;">&#160;</p> </td> <td style="vertical-align:top; border-top:1px solid black;border-bottom:1px solid black; border-right:1px solid black;" colspan="2"> <p style="font-style:times new roman;font-size:10pt;text-align:center;">Three Months Ended</p> </td> </tr> <tr> <td style="vertical-align:top; border-right:1px solid black;"> <p style="font-style:times new roman;font-size:10pt;text-align:left;">&#160;</p> </td> <td style="vertical-align:top; border-bottom:1px solid black; border-right:1px solid black;"> <p style="font-style:times new roman;font-size:10pt;text-align:center;">April 2, 2011</p> </td> <td style="vertical-align:top; border-bottom:1px solid black; border-right:1px solid black;"> <p style="font-style:times new roman;font-size:10pt;text-align:center;">April 3, 2010</p> </td> </tr> <tr style="background-color:#c0c0c0;"> <td style="vertical-align:top; border-bottom:2px double black; border-right:1px solid black;"> <p style="font-style:times new roman;font-size:10pt;text-align:left;">Average number of stock options</p> </td> <td style="vertical-align:top; border-bottom:2px double black; border-right:1px solid black;"> <p style="font-style:times new roman;font-size:10pt;text-align:center;">-</p> </td> <td style="vertical-align:top; border-bottom:2px double black; border-right:1px solid black;"> <p style="font-style:times new roman;font-size:10pt;text-align:center;">256,250</p> </td> </tr> </table>NOTE 7 - EARNINGS PER SHARE Set forth below is a reconciliation of the numerator and denominator for basic and diluted earnings per share calculations for thefalsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringThis element may be used to capture the complete disclosure pertaining to an entity's earnings per share.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 128 -Paragraph 40 falsefalseEARNINGS PER SHARE12EARNINGS PER SHAREUnKnownUnKnownUnKnownUnKnownfalsetrue