Basic And Diluted Net Income Per Share

6 Months Ended

Jun. 30, 2012

Earnings Per Share [Abstract]

Basic And Diluted Net Income Per Share

Basic and Diluted Net Income Per Share

The following table sets forth the computation of basic and diluted net income per share:

	Three Months Ended				Six Months Ended
(In thousands, except per share amounts)	June 30, 2012		July 2, 2011		June 30, 2012		July 2, 2011
Numerator:
Net income	$	11,171	$	9,728	$	21,371	$	17,595
Denominator:
Basic weighted-average shares outstanding	26,530		25,731		26,387		25,488
Effect of dilutive employee stock options and restricted stock units	857		1,157		860		1,073
Diluted weighted-average shares outstanding	27,387		26,888		27,247		26,561
Net income per share - basic:
Net income	$	0.42	$	0.38	$	0.81	$	0.69
Net income per share - diluted:
Net income	$	0.41	$	0.36	$	0.78	$	0.66

For the three and six month periods ended June 30, 2012, 1.3 million and 1.3 million shares of common stock, respectively, subject to outstanding options were excluded from the computation of diluted net income per share, as the effect would have been anti-dilutive, compared to 0.6 million and 0.7 million shares of common stock related to outstanding options for the corresponding periods of 2011. In addition, for the three and six month periods ended June 30, 2012, the number of shares of common stock underlying outstanding restricted stock units excluded from the computation was 0.1 million and 0.1 million shares, respectively. The number of shares of common stock underlying restricted stock units that were excluded from the computation were 0.1 million and an insignificant number, respectively, for the corresponding periods of 2011. Options and restricted stock units are anti-dilutive when we have a net loss or when the exercise price and the average unrecognized compensation cost of the stock option or restricted stock unit is greater than the average market price of our common stock during the period.