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Note 6 - Diluted Net Income Per Share
 6 Months Ended
Nov. 27, 2011
Earnings Per Share [Text Block]
6.           Diluted Net Income Per Share

The following table sets forth the computation of diluted net income per share (in thousands, except per share amounts):

   
Three Months
Ended
November 27,
 2011
   
Three Months
Ended
November 28,
 2010
   
Six Months
Ended
November 27,
2011
   
Six Months
Ended
November 28,
2010
 
Numerator:
                       
Net income applicable to Common Stockholders
  $ 3,340     $ 2,055     $ 5,152     $ 4,359  
                                 
Denominator:
                               
Weighted average shares for basic net income per share
     25,885        26,324        26,147        26,412  
Effect of dilutive securities:
                               
Stock options and restricted stock units
     250        236        252        227  
Weighted average shares for diluted net income per share
     26,135        26,560        26,399        26,639  
                                 
Diluted net income per share
  $ 0.13     $ 0.08     $ 0.20     $ 0.16  

For the three months ended November 27, 2011 and November 28, 2010, the computation of the diluted net income per share excludes the impact of options to purchase 2.1 million shares and 1.1 million shares of Common Stock, respectively, as such impacts would be antidilutive for these periods.

For the six months ended November 27, 2011 and November 28, 2010, the computation of the diluted net income per share excludes the impact of options to purchase 2.1 million shares and 2.0 million shares of Common Stock, respectively, as such impacts would be antidilutive for these periods.