Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies

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Summary of Significant Accounting Policies
3 Months Ended
Mar. 29, 2014
Accounting Policies [Abstract]  
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Earnings per share
The following table represents the computation of basic and diluted earnings per common share (in thousands, except per share data):
 
 
Three Months Ended
 
March 29, 2014
 
March 30, 2013
Net income
$
11,385

 
$
9,575

Weighted average basic shares outstanding
26,374

 
26,131

Basic net income per common share
$
0.43

 
$
0.37

Effect of dilutive stock options

 
1

Weighted average diluted shares outstanding
26,374

 
26,132

Diluted net income per common share
$
0.43

 
$
0.37