v2.3.0.11
EARNINGS PER SHARE (Tables)
6 Months Ended
Jul. 02, 2011
EARNINGS PER SHARE [Abstract]  
Reconciliation of basic common shares outstanding to diluted common and common equivalent shares outstanding
The following is a reconciliation of basic common shares outstanding to diluted common and common equivalent shares outstanding:

   
For the
three-month periods ended
  
For the
six-month periods ended
 
   
July 2,
2011
  
July 3,
2010
  
July 2,
2011
  
July 3,
2010
 
              
Weighted-average number of common and common equivalent shares outstanding:
            
Basic number of common shares outstanding
  57,320,717   58,907,191   57,185,008   58,607,261 
Dilutive effect of unvested restricted stock
  96,845   118,416   101,921   119,227 
Dilutive effect of stock options
  635,425   760,254   665,797   864,836 
Diluted number of common and common equivalent shares outstanding
  58,052,987   59,785,861   57,952,726   59,591,324 
                  
Basic net income per common share:
                
Net income
 $12,659,000  $19,096,000  $44,782,000  $61,921,000 
Income allocated to participating securities
  (140,083)  (161,587)  (496,715)  (526,624)
Net income available to common shareholders
 $12,518,917  $18,934,413  $44,285,285  $61,394,376 
                  
Basic net income per common share
 $0.22  $0.32  $0.77  $1.05 
                  
Diluted net income per common share:
                
Net income
 $12,659,000  $19,096,000  $44,782,000  $61,921,000 
Income allocated to participating securities
  (138,564)  (159,546)  (491,061)  (519,030)
Net income available to common shareholders
 $12,520,436  $18,936,454  $44,290,939  $61,401,970 
                  
Diluted net income per common share
 $0.22  $0.32  $0.76  $1.03