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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Earnings per share

The calculations below provide net earnings, weighted average common shares outstanding, and earnings per share for both basic and diluted EPS for the three months ended March 31, 2013 and April 1, 2012.

 

                         

($ in thousands, except per share amounts)

  Net
Earnings
(Numerator)
    Shares
(in thousands)
(Denominator)
    Per Share
Amount
 

First Quarter 2013

                       

Basic earnings per share

  $ 3,568       33,523     $ 0.11  

Effect of dilutive securities:

                       

Equity-based compensation plans

            653          
   

 

 

   

 

 

         

Diluted earnings per share

  $ 3,568       34,176     $ 0.10  
   

 

 

   

 

 

   

 

 

 

First Quarter 2012

                       

Basic earnings per share

  $ 2,283       34,106     $ 0.07  
                   

 

 

 

Effect of dilutive securities:

                       

Equity-based compensation plans

            612          
   

 

 

   

 

 

         

Diluted earnings per share

  $ 2,283       34,718     $ 0.07  
   

 

 

   

 

 

   

 

 

 
Potentially dilutive securities earnings per share

The following table shows the potentially dilutive securities which have been excluded from the first quarter 2013 and 2012 dilutive earnings per share calculation because they are either anti-dilutive, or the exercise price exceeds the average market price.

 

                 
    Three Months Ended  

(Number of shares in thousands)

  March 31,
2013
    April 1,
2012
 

Stock options

    219       282