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

Jul. 04, 2015

Common Stock And Earnings Per Share [Abstract]

NOTE H — 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 based on the time they were outstanding in any period. 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.

The following is a reconciliation of the numerator and denominator used to calculate basic earnings per share and diluted earnings per share for the periods indicated:


	Quarter Ended		Six Months Ended
	June 28,	July 4,	June 28,	July 4,
	2014	2015	2014	2015

Net earnings available to common shareholders	$ 19,301	$ 25,416	$ 35,838	$ 45,096


Weighted average common shares outstanding - basic	13,768	12,740	13,843	12,694

Dilutive effect of in-the-money equity awards	467	485	472	461

Weighted average common shares outstanding - diluted	14,235	13,225	14,315	13,155


Earnings per common share from net earnings - basic	$ 1.40	$ 1.99	$ 2.59	$ 3.55

Earnings per common share from net earnings - diluted	$ 1.36	$ 1.92	$ 2.50	$ 3.43


Equity awards for the following shares were not included in the computation of diluted EPS due to the fact that
their effect would be anti-dilutive:
	Quarter Ended		Six Months Ended
	June 28,	July 4,	June 28,	July 4,
	2014	2015	2014	2015

	383	102	328	113