Net Income Per Share

6 Months Ended

Jul. 02, 2011

Net Income Per Share [Abstract]

Earnings Per Share [Text Block]

Net Income Per Share

Basic net income per share is computed by dividing net income by the weighted average common shares outstanding for the period. Diluted net income per share gives effect to all potentially dilutive common shares outstanding during the period, including contingently issuable shares and certain stock options, calculated using the treasury stock method. A reconciliation of the share denominator of the basic and diluted net income per share computations is as follows (in thousands):

	Three Months Ended		Six Months Ended
	July 2, 2011	July 3, 2010	July 2, 2011	July 3, 2010
Weighted average common shares outstanding used in basic net income per share calculation	22,709	21,672	22,637	21,605
Potential dilutive common stock equivalents, using treasury stock method	733	1,175	785	1,146
Shares used in diluted net income per share computation	23,442	22,847	23,422	22,751

For the three and six month periods ended July 2, 2011 and July 3, 2010, the Company had securities outstanding which could potentially dilute basic earnings per share in the future, which were excluded from the computation of diluted net loss per share in the periods presented as their impact would have been anti-dilutive. Weighted average common share equivalents, consisting of stock options excluded from the calculation of diluted net loss per share were 0.7 million and 0.5 million, respectively, for the three and six month period ended July 2, 2011, respectively, and 0.7 million and 0.8 million in the three and six month period ended July 3, 2010, respectively.