Helios Technologies Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies

6 Months Ended

Jun. 28, 2014

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				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

The entire disclosure for all significant accounting policies of the reporting entity.