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Net Income Per Share
3 Months Ended
Mar. 30, 2013
Earnings Per Share [Abstract]  
Net Income Per Share
Net Income Per Share:

We present both basic and diluted net income per share on the face of the condensed consolidated statements of income.  Basic net income per share is calculated by dividing net income by the weighted average number of shares outstanding during the period.  Diluted net income per share is calculated by dividing net income by the weighted average dilutive shares outstanding. Dilutive shares are computed using the treasury stock method for stock options and restricted stock units.

Net income per share is calculated as follows (in thousands, except per share amounts):

 
Fiscal three months ended March 30, 2013
 
Fiscal three months ended March 31, 2012
 
Income
 
Shares
 
Per Share
Amount
 
Income
 
Shares
 
Per Share
 Amount
Basic net income per share:
 
 
 
 
 
 
 
 
 
 
 
Net income
$
44,006

 
69,448

 
$
0.63

 
$
40,328

 
71,594

 
$
0.56

Diluted net income per share:
 
 
 
 
 
 
 
 
 
 
 
Dilutive stock options and restricted stock units outstanding

 
1,357

 
(0.01
)
 

 
1,900

 
(0.01
)
Net income
$
44,006

 
70,805

 
$
0.62

 
$
40,328

 
73,494

 
$
0.55


Anti-dilutive stock options excluded from the above calculations totaled approximately 0.7 million and 0.3 million for the fiscal three months ended March 30, 2013 and March 31, 2012, respectively.