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EARNINGS PER SHARE
3 Months Ended
Mar. 30, 2013
EARNINGS PER SHARE [Abstract]  
EARNINGS PER SHARE

NOTE 7 - EARNINGS PER SHARE

 

Set forth below is a reconciliation of the numerator and denominator for basic and diluted earnings per share calculations for the periods indicated:

 

    Three Months Ended  
    March 30,
2013
    March 31,
2012
 
             
Numerator:                
Net income   $ 23,718     $ 15,480  
Denominator:                
Weighted average number of common shares outstanding - Basic     19,281,969       19,116,765  
                 
Dilutive effect of options and restricted stock units outstanding under the Company's employee compensation plans     517,904       436,916  
                 
Weighted average number of common shares outstanding - Diluted     19,799,873       19,553,681  

 

The dilutive effect of outstanding options and restricted stock units is calculated using the treasury stock method. There were no stock options that were anti-dilutive and therefore not included in the diluted earnings per share calculation.