Basic and Diluted Income Per Share

12 Months Ended

Dec. 30, 2011

Basic and Diluted Income Per Share

Note 18 — Basic and Diluted Income Per Share

The following table sets forth the computation of basic and diluted net income per share (in thousands except per share amounts):

	2011			2010			2009
Numerator:
Net Income (loss)	$	1,348		$	53		$	(6,200	)
Denominator:
Weighted average common shares and denominator for basic calculation:
Weighted average common shares outstanding		35,578			34,919			32,569
Less: Unvested restricted stock		(144	)		(94	)		(71	)
Denominator for basic calculation		35,434			34,825			32,498
Weighted average effects of dilutive equity-based compensation awards:
Employee stock options		859			—			—
Warrants		585			—			—
Denominator for diluted calculation		36,878			34,825			32,498
Net income (loss) per share – basic	$	0.04		$	0.00		$	(0.19	)
Net income (loss) per share - diluted	$	0.04		$	0.00		$	(0.19	)

For 2010, although the Company reported net income as a result of the gain on sale of Domilens, it used the net loss from continuing operations as the control number in determining whether including potential common shares in the diluted income per share calculation would be dilutive or anti-dilutive.

The following table sets forth (in thousands) the weighted average number of options and warrants to purchase shares of common stock, restricted stock and preferred stock which were not included in the calculation of diluted per share amounts because the effects would be anti-dilutive.

	2011		2010		2009
Options and restricted stock		1,245		3,886		3,863
Warrants		—		70		1,183
Preferred Stock		—		—		1,700
Total		1,245		3,956		6,746