Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.2.0.727
Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 27, 2015
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 27, 2015
 
June 28, 2014
June 27, 2015
 
June 28, 2014
Net income
$
9,248

 
$
12,186

$
19,625

 
$
23,571

Weighted average basic shares outstanding
26,684

 
26,444

26,645

 
26,409

Basic net income per common share
$
0.35

 
$
0.46

$
0.74

 
$
0.89

Effect of dilutive stock options
—

 
—

—

 
—

Weighted average diluted shares outstanding
26,684

 
26,444

26,645

 
26,409

Diluted net income per common share
$
0.35

 
$
0.46

$
0.74

 
$
0.89