Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v2.4.0.8
Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 28, 2014
Accounting Policies [Abstract]  
Computation of basic and diluted earnings per common share
The following table represents the computation of basic and diluted earnings per common share (in thousands, except per share data):
 
 
Three Months Ended
Six Months Ended
 
June 28, 2014
 
June 29, 2013
June 28, 2014
 
June 29, 2013
Net income
$
12,186

 
$
11,790

$
23,571

 
$
21,365

Weighted average basic shares outstanding
26,444

 
26,236

26,409

 
26,185

Basic net income per common share
$
0.46

 
$
0.45

$
0.89

 
$
0.82

Effect of dilutive stock options
—

 
—

—

 
—

Weighted average diluted shares outstanding
26,444

 
26,236

26,409

 
26,185

Diluted net income per common share
$
0.46

 
$
0.45

$
0.89

 
$
0.82