XML 21 R33.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings Per Share (Tables)
6 Months Ended
Jun. 28, 2014
Earnings Per Share [Abstract]  
Computation of Earnings Per Share

Earnings per share were computed as follows (in thousands, except per share amounts):

 

     Three Months Ended      Six Months Ended  
     June 28, 2014      June 29, 2013      June 28, 2014      June 29, 2013  

Weighted average shares:

           

Weighted average common shares outstanding

     50,606         50,900         50,509         50,929   

Effect of dilutive securities outstanding

     672         383         620         381   
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted weighted average shares outstanding

     51,278         51,283         51,129         51,310   
  

 

 

    

 

 

    

 

 

    

 

 

 

Earnings (loss):

           

Income from continuing operations

   $ 27,557       $ 30,558       $ 69,163       $ 54,100   

Income from discontinued operations

     0         8         0         8   
  

 

 

    

 

 

    

 

 

    

 

 

 

Net income

   $ 27,557       $ 30,566       $ 69,163       $ 54,108   
  

 

 

    

 

 

    

 

 

    

 

 

 

Basic per share amounts:

           

Income from continuing operations

   $ 0.54       $ 0.60       $ 1.37       $ 1.06   

Income from discontinued operations

     0.00         0.00         0.00         0.00   
  

 

 

    

 

 

    

 

 

    

 

 

 

Net income

   $ 0.54       $ 0.60       $ 1.37       $ 1.06   
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted per share amounts:

           

Income from continuing operations

   $ 0.54       $ 0.60       $ 1.35       $ 1.05   

Income from discontinued operations

     0.00         0.00         0.00         0.00   
  

 

 

    

 

 

    

 

 

    

 

 

 

Net income

   $ 0.54       $ 0.60       $ 1.35       $ 1.05   
  

 

 

    

 

 

    

 

 

    

 

 

 
Potentially Dilutive Securities Excluded from Earnings Per Share Calculation

Potentially dilutive securities that were excluded from the earnings per share calculation consist of stock options and stock appreciation rights (SARs) with an exercise price greater than the average market closing price of the Class A common stock. These excluded options and SARs were as follows:

 

     Three Months Ended      Six Months Ended  
     June 28, 2014      June 29, 2013      June 28, 2014      June 29, 2013  

Potentially dilutive shares

     166,000         899,000         166,000         905,000