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EARNINGS PER SHARE
 6 Months Ended
Jun. 29, 2013
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 29,
2013		     June 30,
2012		     June 29,
2013		     June 30,
2012		  
                         
Numerator:                                
Net income   $ 32,308     $ 18,014     $ 56,026     $ 33,494  
Denominator:                                
Weighted average number of common shares outstanding - Basic     19,333,589       19,155,127       19,308,066       19,135,946  
                                 
Dilutive effect of options and restricted stock units outstanding under the Company's employee compensation plans     514,841       528,152       506,494       490,875  
                                 
Weighted average number of common shares outstanding - Diluted     19,848,430       19,683,279       19,814,560       19,626,821  

 

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.