Annual report pursuant to Section 13 and 15(d)

Earnings Per Share

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Earnings Per Share
 12 Months Ended
Dec. 29, 2012
Earnings Per Share [Abstract]  
EARNINGS PER SHARE

16. EARNINGS PER SHARE

The following table represents the computation of basic and diluted net income per common share (in thousands, except per share data):

 

                         
    December 29,
2012		     December 31,
2011		     January 1,
2011		  

Net income

   $ 37,398     $ 37,677     $ 21,400  
       

Basic weighted average number of common shares outstanding

     25,944       25,642       25,428  
       

Basic net income per common share

   $ 1.44     $ 1.47     $ 0.84  

Effect of dilutive stock options and deferred director stock units

     27       42       50  
       

Diluted weighted average number of common shares outstanding

     25,971       25,684       25,478  
       

Diluted net income per common share

   $ 1.44     $ 1.47     $ 0.84