Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.5.0.2
Summary of Significant Accounting Policies (Tables)
 9 Months Ended
Oct. 01, 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

 

 

Nine Months Ended

 

 

 

October 1, 2016

 

 

September 26, 2015

 

 

October 1, 2016

 

 

September 26, 2015

 

Net income

 

$

4,989

 

 

$

8,410

 

 

$

20,186

 

 

$

28,035

 

Weighted average basic shares outstanding

 

 

26,923

 

 

 

26,695

 

 

 

26,879

 

 

 

26,662

 

Basic net income per common share

 

$

0.19

 

 

$

0.32

 

 

$

0.75

 

 

$

1.05

 

Effect of dilutive stock options

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Weighted average diluted shares outstanding

 

 

26,923

 

 

 

26,695

 

 

 

26,879

 

 

 

26,662

 

Diluted net income per common share

 

$

0.19

 

 

$

0.32

 

 

$

0.75

 

 

$

1.05