Note 7 - Diluted Net Income Per Share

3 Months Ended

Aug. 25, 2013

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

7.            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 25, 2013		Three Months Ended August 26, 2012
Numerator:
Net income applicable to Common Stockholders	$	4,752	$	4,366
Denominator:
Weighted average shares for basic net income per share		26,452		25,670
Effect of dilutive securities:
Stock options and restricted stock units		629		542
Weighted average shares for diluted net income per share		27,081		26,212
Diluted net income per share	$	0.18	$	0.17

For the three months ended August 25, 2013 and August 26, 2012, the computation of the diluted net income per share excludes the impact of options to purchase 256,264 shares and 277,489 shares of Common Stock, respectively, as such impacts would be antidilutive for these periods.