Earnings per Common Share

6 Months Ended

Jul. 02, 2011

Earnings per Common Share [Abstract]

Earnings per Common Share

Note 1 – Earnings per Common Share

Basic per share amounts have been computed based on the average number of common shares outstanding.  Diluted per share amounts reflect the increase in average common shares outstanding that would result from the assumed exercise of outstanding stock options and vesting of restricted stock awards, computed using the treasury stock method.  Approximately 244 thousand stock options were excluded from the computation of diluted earnings per share for the quarter ended July 2, 2011, since the options’ exercise prices were higher than the average market price of the Company’s stock.