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Earnings Per Share
 6 Months Ended
Jul. 03, 2011
Earnings Per Share [Abstract]  
Earnings Per Share
NOTE J —Earnings Per Share
The table below provides a reconciliation of the numerator and denominator of the basic and diluted earnings per share (“EPS”) computations. Basic earnings per share is calculated using the weighted average number of common shares outstanding as the denominator and net earnings as the numerator. Diluted earnings per share is calculated by adding all potentially dilutive shares to the weighted average number of common shares outstanding for the numerator. All anti-dilutive shares are excluded from the computation of diluted earnings per share. The calculations below provide net earnings, average common shares outstanding, and the resultant earnings per share for both basic and diluted EPS for the three and six-month periods ended July 3, 2011 and July 4, 2010.
                         
            Shares        
    Net Earnings     (in thousands)        
($ in thousands, except per share amounts)   (Numerator)     (Denominator)     Per Share Amount  
Second Quarter 2011
                       
Basic EPS
  $ 4,132       34,375     $ 0.12  
 
                     
Effect of dilutive securities:
                       
Equity-based compensation plans
    —       650          
 
                   
Diluted EPS
  $ 4,132       35,025     $ 0.12  
 
                 
 
                       
Second Quarter 2010
                       
Basic EPS
  $ 5,892       34,048     $ 0.17  
 
                     
Effect of dilutive securities:
                       
Equity-based compensation plans
    —       826          
 
                   
Diluted EPS
  $ 5,892       34,874     $ 0.17  
 
                 
 
                       
First Six Months of 2011
                       
Basic EPS
  $ 9,248       34,334     $ 0.27  
 
                     
Effect of dilutive securities:
                       
Equity-based compensation plans
    —       716          
 
                   
Diluted EPS
  $ 9,248       35,050     $ 0.26  
 
                 
 
                       
First Six Months of 2010
                       
Basic EPS
  $ 10,323       34,001     $ 0.30  
 
                     
Effect of dilutive securities:
                       
Equity-based compensation plans
    —       810          
 
                   
Diluted EPS
  $ 10,323       34,811     $ 0.30  
 
                 
The following table shows the potentially dilutive securities which have been excluded from the three and six-month periods 2011 and 2010 dilutive earnings per share calculation because they are either anti-dilutive, or the exercise price exceeds the average market price.
                                 
    Three Months Ended     Six Months Ended  
(Number of Shares in Thousands)   July 3, 2011     July 4, 2010     July 3, 2011     July 4, 2010  
Stock options where the assumed proceeds exceed the average market price
    402       602       402       602