Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v2.3.0.15
Earnings Per Share
 9 Months Ended
Oct. 01, 2011
Earnings Per Share [Abstract]  
Earnings Per Share
9) Earnings Per Share
The Company made a one-for-ten distribution of Class B Stock to holders of both Common and Class B Stock. Stockholders received one share of Class B Stock for every ten shares of Common and Class B Stock held on the record date of August 16, 2011. Fractional shares were paid in cash and not significant. All share quantities, share prices and per share data reported throughout this report have been restated to reflect the impact of this distribution.
Basic and diluted weighted-average shares outstanding are as follows:
                                 
    Nine Months Ended     Three Months Ended  
    October 1,     October 2,     October 1,     October 2,  
(in thousands)   2011     2010     2011     2010  
Basic earnings per share weighted average shares
    12,104       11,885       12,125       11,894  
Net effect of dilutive stock options
    759       433       801       580  
 
                       
Diluted earnings per share weighted average shares
    12,863       12,318       12,926       12,474