XML 41 R13.htm IDEA: XBRL DOCUMENT v2.4.0.8
EARNINGS PER SHARE
 6 Months Ended
Jun. 28, 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

  

Six Months Ended
   

June 28, 
2014

  

June 29, 
2013

  

June 28, 
2014

  

June 29, 
2013

Numerator:

                

Net income

   $ 22,286     $ 32,308     $ 46,605     $ 56,026  

Denominator:

                                

Weighted average number of common shares outstanding – Basic

     19,410,102       19,333,589       19,388,396       19,308,066  
                                 

Dilutive effect of options and restricted stock units outstanding under the Company's employee compensation plans

     533,411       514,841       511,610       506,494  
                                 

Weighted average number of common shares outstanding – Diluted

     19,943,513       19,848,430       19,900,006       19,814,560  

 

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.