NET INCOME PER SHARE

9 Months Ended

Sep. 24, 2011

5. NET INCOME PER SHARE

Basic net income per share is computed using the weighted average number of shares of common stock outstanding during the period less any nonvested restricted shares. Diluted earnings per common share is calculated using weighted average shares outstanding and contingently issuable shares, less weighted average shares reacquired during the period. The net outstanding shares are adjusted for the dilutive effect of shares issuable upon the assumed conversion of the Company’s common stock equivalents, which consist of outstanding stock options and unvested restricted stock awards.

Weighted average common shares outstanding used to calculate earnings per share are as follows:


	Three Months Ended				Nine Months Ended
	September 24, 2011		September 25, 2010		September 24, 2011		September 25, 2010
Weighted average common shares outstanding-basic		64,292,212		66,114,557		64,519,225		66,442,712
Stock options and nonvested restricted common stock		1,149,166		664,224		1,104,582		706,193


Weighted average common shares outstanding-diluted		65,441,378		66,778,781		65,263,807		67,148,905

The following were not included in weighted average common shares outstanding-diluted because they are anti-dilutive or performance conditions have not been met at the end of the period.


	September 24, 2011		September 25, 2010
Nonvested restricted common stock		879,012		948,189
Stock options		1,583,550		3,596,823

Total		2,462,562		4,545,012