v2.4.0.6
Net Income Per Share
3 Months Ended
Mar. 31, 2012
Net Income Per Share [Abstract]  
Net Income Per Share

NOTE 11 — NET INCOME PER SHARE

The table below sets forth the reconciliation of the basic and diluted net income per share computations:

 

     Three Months Ended  
     March 31,
2012
     March 26,
2011
 

Shares used in computing basic net income per share

     17,120,000        17,120,000  

Dilutive effect of options and warrants

     20,000        —     
  

 

 

    

 

 

 

Shares used in computing diluted net income per share

     17,140,000        17,120,000  
  

 

 

    

 

 

 

For the three months ended March 31, 2012, options to purchase 223,750 shares of common stock at exercise prices ranging from $1.51 to $7.37 per share were outstanding but were not included in the computation of diluted net income per share as the result would be anti-dilutive. For the three months ended March 26, 2011, options to purchase 782,625 shares of common stock at exercise prices ranging from $1.17 to $7.37 per share were outstanding but were not included in the computation of diluted net income per share as the result would be anti-dilutive.