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Earnings Per Share
 6 Months Ended
Sep. 29, 2012
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share

The following table details the computation of basic and diluted earnings per common share from continuing operations for the periods presented (share numbers in thousands):
 
Three (3) months ended
Six (6) months ended
 
September 30
September 30
 
2012

2011

2012

2011

Net income
$
7,133

$
14,844

$
13,065

$
24,467

Weighted-average common shares outstanding (basic)
16,696

17,858

16,990

17,917

Effect of dilutive securities from equity awards
56

7

50

51

Weighted-average common shares outstanding (diluted)
16,752

17,865

17,040

17,968

Basic earnings per common share
$
0.43

$
0.83

$
0.77

$
1.37

Dilutive earnings per common share
$
0.43

$
0.83

$
0.77

$
1.36

 
 
 
 
 


The Weighted-average common shares outstanding (diluted) computation is not impacted during any period where the exercise price of a stock option is greater than the average market price. There were 2,995,383 and 3,426,856 non-dilutive equity awards outstanding for the three (3) months ended September 30, 2012 and 2011, respectively, and 3,021,373 and 2,613,124 non-dilutive equity awards outstanding for the six (6) months ended September 30, 2012 and 2011, respectively, that are not included in the corresponding period Weighted-average common shares outstanding (diluted) computation.