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EARNINGS PER SHARE
 3 Months Ended
Mar. 29, 2014
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  
    March 29,
2014		     March 30,
2013		  
Numerator:                
Net income   $ 24,319     $ 23,718  
Denominator:                
Weighted average number of common shares outstanding - Basic     19,365,951       19,281,969  
                 
Dilutive effect of options and restricted stock units outstanding under the Company's employee compensation plans     533,533       517,904  
                 
Weighted average number of common shares outstanding - Diluted     19,899,484       19,799,873  

 

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.