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Basic And Diluted Net Income Per Share
6 Months Ended
Jun. 29, 2013
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 for the three and six month periods ended June 29, 2013 and June 30, 2012:
 
Three Months Ended
 
Six Months Ended
(In thousands, except per share amounts)
June 29,
2013
 
June 30,
2012
 
June 29,
2013
 
June 30,
2012
Numerator:
 
 
 
 
 
 
 
Net income
$
856

 
$
11,171

 
$
14,548

 
$
21,371

Denominator:
 
 
 
 
 
 
 
Basic weighted-average shares outstanding
27,945

 
26,530

 
27,800

 
26,387

Effect of dilutive employee stock options and restricted stock units
708

 
857

 
873

 
860

Diluted weighted-average shares outstanding
28,653

 
27,387

 
28,673

 
27,247

 
 
 
 
 
 
 
 
Net income per share - basic
$
0.03

 
$
0.42

 
$
0.52

 
$
0.81

 
 
 
 
 
 
 
 
Net income per share - diluted
$
0.03

 
$
0.41

 
$
0.51

 
$
0.78



For the three and six month periods ended June 29, 2013, 1.4 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, as compared to 1.3 million and 1.3 million shares of common stock related to outstanding options for the corresponding periods of 2012. There were 0.1 million and 0.1 million shares of common stock underlying outstanding restricted stock units excluded from the computation of diluted net income per share for the three and six month periods ended June 29, 2013, respectively. The number of shares of common stock underlying outstanding restricted stock units that were excluded from the computation of diluted net income per share were 0.1 million and 0.1 million, respectively for the corresponding periods of 2012. 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.