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EARNINGS PER SHARE
3 Months Ended
Sep. 29, 2012
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
Earnings Per Share
Basic earnings per share (EPS) is calculated by dividing net income (the numerator) by the weighted-average number of common shares outstanding (the denominator) during the period. Diluted EPS is computed by including both the weighted-average number of shares outstanding and any dilutive common share equivalents in the denominator. The following table presents a reconciliation of the denominator and the number of antidilutive common share awards that were not included in the diluted earnings per share calculation. These antidilutive securities occur when equity awards outstanding have an option price greater than the average market price for the period:
 
Three Months Ended
 
(in thousands, except per share information)
 
September 29, 2012
 
October 1, 2011
Net income
$
3,744

 
$
1,247

Weighted average shares outstanding—basic
10,486

 
10,418

Effect of dilutive common stock options
344

 
28

Weighted average shares outstanding—diluted
10,830

 
10,446

Earnings per share—basic
$
0.36

 
$
0.12

Earnings per share—diluted
$
0.35

 
$
0.12

Antidilutive options not included in diluted earnings per share

 
707