Net Income Per Share

3 Months Ended

Mar. 31, 2012

Earnings Per Share, Basic and Diluted [Abstract]

Net Income Per Share

Net Income Per Share

Basic net income per share excludes dilution and is computed by dividing net income by the number of 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
	March 31, 2012	April 2, 2011
Weighted average common shares outstanding used in basic net income per share calculation	23,349	22,568
Potential dilutive common stock equivalents, using treasury stock method	632	829
Shares used in diluted net income per share computation	23,981	23,397

For the three month periods ended March 31, 2012 and April 2, 2011, the Company had securities outstanding which could potentially dilute basic earnings per share in the future. For the three month periods ended March 31, 2012 and April 2, 2011, weighted average common share equivalents consisting of stock options included in the calculation of diluted net income per share were 0.6 million and 0.8 million respectively. However, these potential dilutive common stock equivalents would be anti-dilutive and excluded from the calculation of net loss per share, if any net loss in the future.