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Note 7 - Diluted Net Income Per Share
 9 Months Ended
Feb. 24, 2013
Earnings Per Share [Text Block]
7.           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 24, 2013
   
Three Months Ended
February 26, 2012
   
Nine Months Ended
February 24, 2013
   
Nine Months Ended
February 26, 2012
 
Numerator:
                       
Net income applicable to Common Stockholders
  $ 4,789     $ 4,765     $ 18,068     $ 9,917  
                                 
Denominator:
                               
Weighted average shares for basic net income per share
    25,839       25,538       25,752       25,944  
Effect of dilutive securities:
                               
Stock options and restricted stock units
    828       287       740       261  
Weighted average shares for diluted net income per share
    26,667       25,825       26,492       26,205  
                                 
Diluted net income per share
  $ 0.18     $ 0.18     $ 0.68     $ 0.38  

For the three months ended February 24, 2013 and February 26, 2012, the computation of the diluted net income per share excludes the impact of options to purchase 95,527 shares and 1.9 million shares of Common Stock, respectively, as such impacts would be antidilutive for these periods.

For the nine months ended February 24, 2013 and February 26, 2012, the computation of the diluted net income per share excludes the impact of options to purchase 88,128 shares and 2.0 million shares of Common Stock, respectively, as such impacts would be antidilutive for these periods.