For the Three Months Ended

For the Nine Months Ended

(in thousands except per share amounts)

September 28,

2013

September 29,

2012

September 28,

2013

September 29,

2012

Net income as reported

$

26,990

$

22,778

$

68,432

$

63,304

Less: Distributed earnings available to participating securities

(3

)

(9

)

(21

)

(21

)

Less: Undistributed earnings available to participating securities

—

(19

)

(17

)

(102

)

Numerator for basic earnings per share —

Undistributed and distributed earnings available to common shareholders

$

26,987

$

22,750

$

68,394

$

63,181

Add: Undistributed earnings allocated to participating securities

—

19

17

102

Less: Undistributed earnings reallocated to participating securities

—

(19

)

(17

)

(100

)

Numerator for diluted earnings per share —

Undistributed and distributed earnings available to common shareholders

$

26,987

$

22,750

$

68,394

$

63,183

Denominator for basic earnings per share —

Weighted-average shares

22,428

21,923

22,274

21,770

Effect of dilutive securities:

Common stock equivalents

197

239

223

285

Denominator for diluted earnings per share —

22,625

22,162

22,497

22,055

Adjusted for weighted-average shares & assumed conversions

Basic earnings per share

$

1.20

$

1.04

$

3.07

$

2.90

Diluted earnings per share

$

1.19

$

1.03

$

3.04

$

2.87