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Earnings per Share
3 Months Ended
Apr. 01, 2012
Earnings per Share  
Earnings per Share

5.  Earnings per Share

 

The following tables set forth the reconciliation of the calculation of earnings per share:

 

 

 

For the First Quarter Ended April 1, 2012

 

For the First Quarter Ended April 3, 2011

 

 

 

Income
(Numerator)

 

Shares
(Denominator)

 

Per Share
Amount

 

Income
(Numerator)

 

Shares
(Denominator)

 

Per Share
Amount

 

 

 

(amounts in millions, except per share amounts)

 

Basic EPS

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

15.7

 

36.9

 

$

0.42

 

$

11.1

 

37.5

 

$

0.30

 

Effect of dilutive securities

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock equivalents

 

 

 

0.1

 

 

 

 

 

0.2

 

 

 

Diluted EPS

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

15.7

 

37.0

 

$

0.42

 

$

11.1

 

37.7

 

$

0.29

 

 

Options to purchase 0.3 million shares of Class A Common Stock were outstanding during each of the first quarters of 2012 and 2011, respectively, but were not included in the computation of diluted EPS because to do so would be anti-dilutive.