v2.4.0.6
Net Income Per Share
3 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Net Income Per Share
Net Income Per Share
Basic net income per share is based on the weighted average number of common shares outstanding. Diluted net income per share is based on the weighted average number of common shares and common share equivalents outstanding. Common share equivalents included in the computation represent shares issuable upon assumed exercise of outstanding stock options and conversion of unvested RSUs, except when the effect of their inclusion would be antidilutive.
The following tables set forth the computation of basic and diluted net income per share (in thousands, except per share data):

 
Quarter ended
 
March 31,
2013
 
April 1,
2012
Net income
$
832

 
$
154

Weighted average common shares outstanding
12,482

 
13,853

Basic net income per share
$
0.07

 
$
0.01

Dilutive effect of stock options and RSUs
211

 
261

Common stock and common stock equivalents
12,693

 
14,114

Diluted net income per share
$
0.07

 
$
0.01


The Company excluded 1,309,700 and 1,299,139 stock option shares from the computation of diluted net income per share for the quarters ended March 31, 2013 and April 1, 2012, respectively, due to their antidilutive effect.