Impressive that they bough back more then enough shares to offset options dilution.
Of course, if they didn't buy back those extra shares, they probably would not have beaten estimates by a penny, eh?
Three Months Ended Nine Months Ended
May 1, April 26, May 1, April 26,
2004 2003 2004 2003
NET INCOME $ 1,211 $ 987 $3,021 $ 2,596
Income per share before
cumulative effect of
accounting change:
Basic $ 0.18 $ 0.14 $ 0.52 $ 0.36
Diluted $ 0.17 $ 0.14 $ 0.51 $ 0.36
Net income per share:
Basic $ 0.18 $ 0.14 $ 0.44 $ 0.36
Diluted $ 0.17 $ 0.14 $ 0.43 $ 0.36
Shares used in per-share
calculation:
Basic 6,816 7,062 6,872 7,165
Diluted 7,074 7,158 7,095 7,257
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