EARNINGS PER SHARE |
EARNINGS PER SHARE
The following is a reconciliation of basic common shares outstanding to diluted common and common equivalent shares outstanding:
| | | | | | | | | | | | | | | | | | Fiscal quarter ended | | Two fiscal quarters ended | | June 28, 2014 | | June 29, 2013 | | June 28, 2014 | | June 29, 2013 | | | | | | | | | Weighted-average number of common and common equivalent shares outstanding: | | | | | | | | Basic number of common shares outstanding | 52,836,070 |
| | 58,567,558 |
| | 53,004,264 |
| | 58,519,286 |
| Dilutive effect of equity awards | 455,116 |
| | 588,622 |
| | 478,426 |
| | 648,072 |
| Diluted number of common and common equivalent shares outstanding | 53,291,186 |
| | 59,156,180 |
| | 53,482,690 |
| | 59,167,358 |
| | | | | | | | | Basic net income per common share (in thousands, except per share data): | | | | | | | | Net income | $ | 25,897 |
| | $ | 19,673 |
| | $ | 60,193 |
| | $ | 61,088 |
| Income allocated to participating securities | (345 | ) | | (265 | ) | | (812 | ) | | (811 | ) | Net income available to common shareholders | $ | 25,552 |
| | $ | 19,408 |
| | $ | 59,381 |
| | $ | 60,277 |
| | | | | | | | | Basic net income per common share | $ | 0.48 |
| | $ | 0.33 |
| | $ | 1.12 |
| | $ | 1.03 |
| | | | | | | | | Diluted net income per common share: | | | | | | | | Net income | $ | 25,897 |
| | $ | 19,673 |
| | $ | 60,193 |
| | $ | 61,088 |
| Income allocated to participating securities | (343 | ) | | (263 | ) | | (807 | ) | | (803 | ) | Net income available to common shareholders | $ | 25,554 |
| | $ | 19,410 |
| | $ | 59,386 |
| | $ | 60,285 |
| | | | | | | | | Diluted net income per common share | $ | 0.48 |
| | $ | 0.33 |
| | $ | 1.11 |
| | $ | 1.02 |
| | | | | | | | | Anti-dilutive shares excluded from dilutive earnings per share computation | 268,850 |
| | 350,200 |
| | 268,850 |
| | 362,500 |
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