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Note 6 - Diluted Net Income Per Share
 9 Months Ended
Feb. 26, 2012
Notes To Financial Statements  
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
February 26,
2012
   
Three Months
 Ended
February 27,
2011
   
Nine Months
Ended
February 26,
2012
   
Nine Months
Ended
February 27,
2011
 
Numerator:
                       
Net income applicable to Common Stockholders
  $ 4,765     $ 2,298     $ 9,917     $ 6,657  
                                 
Denominator:
                               
Weighted average shares for basic net income per share
     25,538        26,375        25,944        26,399  
Effect of dilutive securities:
                               
Stock options and restricted stock units
     287        259        261        255  
Weighted average shares for diluted net income per share
     25,825        26,634        26,205        26,654  
                                 
Diluted net income per share
  $ 0.18     $ 0.09     $ 0.38     $ 0.25  
 

For the three months ended February 26, 2012 and February 27, 2011, the computation of the diluted net income per share excludes the impact of options to purchase 1.9 million shares and 1.7 million shares of Common Stock, respectively, as such impacts would be antidilutive for these periods.

For the nine months ended February 26, 2012 and February 27, 2011, the computation of the diluted net income per share excludes the impact of options to purchase 2.0 million shares and 1.8 million shares of Common Stock, respectively, as such impacts would be antidilutive for these periods.