Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.3.0.814
Summary of Significant Accounting Policies (Tables)
 9 Months Ended
Sep. 26, 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
Nine Months Ended
 
September 26, 2015
 
September 27, 2014
September 26, 2015
 
September 27, 2014
Net income
$
8,410

 
$
9,877

$
28,035

 
$
33,449

Weighted average basic shares outstanding
26,695

 
26,455

26,662

 
26,425

Basic net income per common share
$
0.32

 
$
0.37

$
1.05

 
$
1.27

Effect of dilutive stock options
—

 
—

—

 
—

Weighted average diluted shares outstanding
26,695

 
26,455

26,662

 
26,425

Diluted net income per common share
$
0.32

 
$
0.37

$
1.05

 
$
1.27