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EARNINGS PER SHARE
 6 Months Ended
Jun. 30, 2012
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 Six Months Ended
 

June 30,

2012

July 2,

2011

June 30,

2012

July 2,

2011
         
Numerator:        
Net income $ $10,813 $ $18,759
Denominator:        
Weighted average number of common shares outstanding – Basic  

 

18,897,879

 

 

 

18,824,585
Dilutive effect of options and restricted stock units outstanding under the Company’s employee compensation plans  

 

 

 

362,614

 

 

 

 

 

 

175,266
Weighted average number of common shares outstanding – Diluted  

 

19,260,493

 

 

 

18,999,851

 

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.