Net Income Per Share

12 Months Ended

Dec. 29, 2012

Earnings Per Share [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):

	Years Ended
	December 29, 2012	December 31, 2011	January 1, 2011
Weighted average common shares outstanding used in basic net income per share calculation	23,358	22,743	21,855
Potential dilutive common stock equivalents, using treasury stock method	487	737	1,143
Shares used in diluted net income per share computation	23,845	23,480	22,998

For the years ended December 29, 2012, December 31, 2011, and January 1, 2011. the Company had securities outstanding which could potentially dilute basic earnings per share in the future. For the years ended December 29, 2012, December 31, 2011, and January 1, 2011 weighted average common share equivalents consisting of stock options included in the calculation of diluted net income per share were 0.5 million, 0.7 million and 1.1 million respectively. However, these potential dilutive common stock equivalents would be anti-dilutive and excluded from the calculation of net loss per share, if a net loss was to be incurred in the future.