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Earnings Per Share
 12 Months Ended
Dec. 30, 2011
Earnings Per Share [Abstract]  
Earnings Per Share

NOTE 3: EARNINGS PER SHARE

The following data shows the amounts used in computing earnings per share and the effect on the weighted-average number of shares of potentially dilutive common stock.

 

Fiscal Years

    2011      2010      2009  
(in thousands, except per share data)                     

Numerator:

         

Net income attributable to Trimble Navigation Ltd.

    $ 150,755       $ 103,660       $ 63,446   
  

 

 

     

 

 

     

 

 

  

Denominator:

         

Weighted average number of common shares used in basic earnings per share

      122,725         120,352         119,814   

Effect of dilutive securities (using treasury stock method):

         

Common stock options and restricted stock units

      3,408         3,446         2,394   
  

 

 

     

 

 

     

 

 

  

Weighted average number of common shares and dilutive potential common shares used in diluted earnings per share

      126,133         123,798         122,208   
  

 

 

     

 

 

     

 

 

  

Basic earnings per share

    $ 1.23       $ 0.86       $ 0.53   
  

 

 

     

 

 

     

 

 

  

Diluted earnings per share

    $ 1.20       $ 0.84       $ 0.52   
  

 

 

     

 

 

     

 

 

  

For fiscal 2011, 2010 and 2009 the Company excluded 1.9 million shares, 1.8 million shares and 5.0 million shares of outstanding stock options, respectively, from the calculation of diluted earnings per share because the exercise prices of these stock options were greater than or equal to the average market value of the common shares during the respective periods. Inclusion of these shares would be antidilutive. These options could be included in the calculation in the future if the average market value of the common shares increases and is greater than the exercise price of these options.