Per Share Amounts and Common Shares Outstanding

We calculate our basic earnings per share by dividing net income or net loss by the weighted average number of common shares outstanding during the period. Diluted earnings per share are calculated in a similar manner, but include the effect of dilutive securities. To the extent these securities are antidilutive, they are excluded from the calculation of earnings per share. The per share amounts were computed as follows:



	Three Months Ended				Nine Months Ended
	October 1, 2011		October 2, 2010		October 1, 2011		October 2, 2010
Income available to common shareholders:
Net income	$	6,962	$	4,841	$	10,075	$	9,439

Weighted-average shares:
Basic:
Outstanding	13,993		14,504		14,059		14,614
Basic weighted-average shares	13,993		14,504		14,059		14,614

Diluted:
Basic from above	13,993		14,504		14,059		14,614
Incremental shares from assumed:
Exercise of stock options	589		488		543		517
Diluted weighted-average shares	14,582		14,992		14,602		15,131

Net income per share:
Basic	$	.50	$	.33	$	.72	$	.65
Diluted	$	.48	$	.32	$	.69	$	.62

Common Shares Outstanding--A summary of the activity of the common shares outstanding for the nine months ended October 1, 2011 follows:



Shares outstanding at January 1, 2011	14,112,256
Shares purchased	(527,954	)
Shares sold	250,808
Options exercised	96,474
	(180,672	)
Shares outstanding at October 1, 2011	13,931,584

On October 1, 2011, we had 13,931,584 common shares outstanding, and employee and director options exercisable to purchase 958,243 common shares.