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Net Income Per Share
6 Months Ended
Jul. 02, 2011
Earnings Per Share [Abstract]  
Net Income Per Share
Net Income Per Share


Net income per share is presented as basic and diluted net income per share. Basic net income per share is net income available to common stockholders divided by the weighted-average number of common shares outstanding. Diluted net income per share is similar to basic net income per share, except that the denominator includes potential common shares that, had they been issued, would have had a dilutive effect.


The following is a reconciliation of the basic and diluted shares:


 
 
Three Months Ended
 
Six Months Ended
 
 
July 2,

2011


July 3,

2010
 
July 2,

2011


July 3,

2010
Net income (in thousands):
 
$
16,565


 
$
22,459


 
$
29,004


 
$
36,168


Shares for net income per share:
 
 
 
 
 
 
 
 
Weighted-average shares outstanding—Basic
 
164,110


 
154,938


 
163,257


 
154,244


Dilutive securities
 
9,408


 
6,624


 
9,965


 
6,263


Weighted-average shares outstanding—Diluted
 
173,518


 
161,562


 
173,222


 
160,507






The following options were excluded from the calculation as their effect would have been antidilutive (in thousands):
 
 
 
Three Months Ended
 
Six Months Ended
 
 
July 2,

2011
 
July 3,

2010
 
July 2,

2011


July 3,

2010
Antidilutive securities
 
5,663


 
16,196


 
3,524


 
14,457