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Earnings Per Common Share
6 Months Ended
Jun. 30, 2012
Earnings Per Common Share
4.     Earnings Per Common Share

Basic and diluted earnings per share were calculated using the following:

 

                                                                                                                           
         Three months ended              Six months ended      
  

 

 

    

 

 

 
In thousands        June 30,  
2012  
         July 2,  
2011  
         June 30,  
2012  
     July 2,             
2011              
 

 

 

Weighted average common shares outstanding — basic

     99,047        98,333        98,856        98,190        

Dilutive impact of stock options and restricted stock

     2,118        1,732        1,929        1,635        

 

 

Weighted average common shares outstanding — diluted

     101,165        100,065        100,785        99,825        

 

 

Stock options excluded from the calculation of diluted earnings per share because the exercise price was greater than the average market price of the common shares

     443        1,776        2,010        2,001