USANA Health Sciences, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Common Stock And Earnings Per Share

Common Stock And Earnings Per Share

6 Months Ended

Jun. 29, 2013

Common Stock And Earnings Per Share [Abstract]

NOTE C — COMMON STOCK AND EARNINGS PER SHARE

Basic earnings per share are based on the weighted-average number of shares outstanding for each period. Shares that have been repurchased and retired during the periods specified below have been included in the calculation of the number of weighted-average shares that are outstanding for the calculation of basic earnings per share. Diluted earnings per common share are based on shares that are outstanding (computed under basic EPS) and on potentially dilutive shares. Shares that are included in the diluted earnings per share calculations under the treasury stock method include equity awards that are in-the-money but have not yet been exercised.


	Quarter Ended
	June 30,	June 29,
	2012	2013



Net earnings available to common shareholders	$ 16,745	$ 24,210

Basic EPS

Shares
Common shares outstanding entire period	14,940	13,821
Weighted average common shares:
Issued during period	68	106
Canceled during period	(317)	(414)

Weighted average common shares outstanding during
period	14,691	13,513


Earnings per common share from net earnings - basic	$ 1.14	$ 1.79

Diluted EPS

Shares
Weighted average common shares outstanding during
period - basic	14,691	13,513

Dilutive effect of in-the-money equity awards	399	586

Weighted average common shares outstanding during
period - diluted	15,090	14,099


Earnings per common share from net earnings - diluted	$ 1.11	$ 1.72

Equity awards for 1,906 and 234 shares of stock were not included in the computation of diluted EPS for the quarters ended June 30, 2012, and June 29, 2013, respectively, due to the fact that their effect would be anti-dilutive.

NOTE C — COMMON STOCK AND EARNINGS PER SHARE – CONTINUED


	Six Months Ended
	June 30,	June 29,
	2012	2013



Net earnings available to common shareholders	$ 30,496	$ 41,989

Basic EPS

Shares
Common shares outstanding entire period	14,940	13,821
Weighted average common shares:
Issued during period	45	58
Canceled during period	(158)	(301)

Weighted average common shares outstanding during
period	14,827	13,578


Earnings per common share from net earnings - basic	$ 2.06	$ 3.09

Diluted EPS

Shares
Weighted average common shares outstanding during
period - basic	14,827	13,578

Dilutive effect of in-the-money equity awards	365	456

Weighted average common shares outstanding during
period - diluted	15,192	14,034


Earnings per common share from net earnings - diluted	$ 2.01	$ 2.99

Equity awards for 1,934 and 560 shares of stock were not included in the computation of diluted EPS for the six months ended June 30, 2012, and June 29, 2013, respectively, due to the fact that their effect would be anti-dilutive.

- Definition

The entire disclosure for earnings per share.

+ References + Details