Note 6 - Diluted Net Income Per Share

3 Months Ended

Aug. 28, 2011

Earnings Per Share [Text Block]

6.  Diluted Net Income Per Share

The following table sets forth the computation of diluted net income per share (in thousands, except per share amounts):

	Three Months Ended August 28, 2011		Three Months Ended August 29, 2010
Numerator:
Net income applicable to Common Stockholders	$	1,812	$	2,304
Denominator:
Weighted average shares for basic net income per share		26,409		26,500
Effect of dilutive securities:
Stock options and restricted stock units		278		219
Weighted average shares for diluted net income per share		26,687		26,719
Diluted net income per share	$	0.07	$	0.09

For the three months ended August 28, 2011 and August 29, 2010, the computation of the diluted net income per share excludes the impact of options to purchase 1.8 million shares and 2.0 million shares of Common Stock, respectively, as such impacts would be antidilutive for these periods.