v2.3.0.15
Earnings Per Share (Eps)
9 Months Ended
Sep. 30, 2011
EARNINGS PER SHARE (EPS) [Abstract] 
EARNINGS PER SHARE (EPS)

11. EARNINGS PER SHARE (“EPS”)

 The following table illustrates the calculation of Basic and Diluted EPS (in thousands, except per share amounts):
    Three Months Ended Nine Months Ended
    September 30, October 1, September 30, October 1,
    2011 2010 2011 2010
 Numerator for basic EPS:           
  Net income$ 6,989 $5,964 $ 27,483 $19,299
 Effect of dilutive securities:           
  Interest expense on CSN I and           
   related deferred financing fees, net of tax  -   -   -   241
 Numerator for diluted EPS$ 6,989 $ 5,964 $ 27,483 $ 19,540
 Denominator for basic EPS:           
  Weighted average shares outstanding  23,297   23,078   23,241   23,060
 Effect of dilutive securities:           
  Convertible subordinated notes  -   -   -   462
  Stock options, restricted stock and restricted stock units  314   328   422   266
 Denominator for diluted EPS  23,611   23,406   23,663   23,788
 Basic EPS$0.30 $0.26 $1.18 $0.84
 Diluted EPS$0.30 $0.25 $1.16 $0.82

 The diluted weighted average share calculations do not include the following securities, which are not dilutive to the EPS calculations or the performance criteria have not been met:
           
    Three Months Ended Nine Months Ended
    September 30, October 1, September 30, October 1,
    2011 2010 2011 2010
 Time-vested stock options, restricted stock        
  and restricted stock units976,000  977,000 925,000 1,099,000
 Performance-vested stock options and        
  restricted stock units672,000  844,000 678,000 883,000