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EARNINGS PER SHARE
9 Months Ended
Sep. 29, 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     Nine Months Ended  
    September 29,
2012
    October 1,
2011
    September 29,
2012
    October 1,
2011
 
                         
Numerator:                                
Net income   $ 17,349     $ 10,737     $ 50,842     $ 29,496  
Denominator:                                
Weighted average number of common shares outstanding - Basic     19,160,072       18,978,755       19,143,988       18,875,788  
Dilutive effect of options and restricted stock units outstanding under the Company's employee compensation plans     599,480       317,425       561,105       141,944  
Weighted average number of common shares outstanding - Diluted     19,759,552       19,296,180       19,705,093       19,017,732  

 

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.