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Net Income Per Share
6 Months Ended
Jun. 28, 2013
Earnings Per Share [Abstract]  
Net Income Per Share
Net Income Per Share
Basic and diluted earnings per share (EPS) for the quarter and two quarters ended June 28, 2013 and June 29, 2012 was as follows:
 
 
 
For the
Quarter Ended
 
For the Two
Quarters Ended
(amounts in thousands, except per-share data)
 
June 28, 2013
 
June 29, 2012
 
June 28, 2013
 
June 29, 2012
Weighted-average number of shares outstanding during period
 
15,459

 
15,123

 
15,445

 
15,147

Common stock equivalents - incremental shares primarily under stock option plans
 
1,639

 
1,624

 
1,637

 
1,663

Number of shares on which diluted earnings per share is based
 
17,098

 
16,747

 
17,082

 
16,810

Net income
 
$
4,055

 
$
4,123

 
$
8,112

 
$
7,483

Net income per share
 
 
 
 
 
 
 
 
Basic
 
$
0.26

 
$
0.27

 
$
0.53

 
$
0.49

Diluted
 
$
0.24

 
$
0.25

 
$
0.47

 
$
0.45


Weighted-average shares represent the average number of issued shares less treasury shares and shares held in the Stock Trusts, and for the basic EPS calculations, unvested restricted stock.
Certain options representing 0.2 million and 0.5 million shares of common stock were outstanding at June 28, 2013 and June 29, 2012, respectively, but were not included in the computation of diluted earnings per share as their effect on the computation would have been anti-dilutive.