Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.4.0.3
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Apr. 02, 2016
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
 
April 2, 2016
 
March 28, 2015
Net income
$
8,208

 
$
10,377

Weighted average basic shares outstanding
26,804

 
26,605

Basic net income per common share
$
0.31

 
$
0.39

Effect of dilutive stock options

 

Weighted average diluted shares outstanding
26,804

 
26,605

Diluted net income per common share
$
0.31

 
$
0.39