XML 54 R18.htm IDEA: XBRL DOCUMENT v2.4.1.9
Net Income Per Share
3 Months Ended
Mar. 28, 2015
Earnings Per Share [Abstract]  
Net Income Per Share
Net Income Per Share
    
The Company presents both basic and diluted net income per share on the face of its condensed consolidated statements of operations. Basic net income per share excludes the effect of potentially dilutive shares and is computed by dividing net income by the weighted-average number of shares of common stock outstanding for the period. Diluted net income per share is computed using the weighted-average number of shares of common stock outstanding for the period plus the effect of all dilutive securities representing potential shares of common stock outstanding during the period.

A reconciliation of the share denominator of the basic and diluted net income per share computations for three months ended March 28, 2015 and March 29, 2014 is as follows (in thousands):

Three Months Ended
 
March 28,
2015
 
March 29,
2014
Weighted average common shares outstanding used in basic net income (loss) per share calculation
23,866

 
23,711

Potential dilutive common stock equivalents, using treasury stock method
391

 
448

Weighted average shares used in diluted net income per share calculation
24,257

 
24,159