Annual report pursuant to Section 13 and 15(d)

Earnings Per Share (Tables)

v3.6.0.2
Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per common share

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

 

 

 

December 31, 2016

 

 

January 2, 2016

 

 

December 27, 2014

 

Net income

 

$

23,304

 

 

$

33,138

 

 

$

43,775

 

Basic weighted average number of

   common shares outstanding

 

 

26,892

 

 

 

26,687

 

 

 

26,456

 

Basic net income per common share

 

$

0.87

 

 

$

1.24

 

 

$

1.65

 

Effect of dilutive stock options and

   deferred director stock units

 

 

—

 

 

 

—

 

 

 

—

 

Diluted weighted average number of

   common shares outstanding

 

 

26,892

 

 

 

26,687

 

 

 

26,456

 

Diluted net income per common share

 

$

0.87

 

 

$

1.24

 

 

$

1.65