Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v2.4.1.9
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 27, 2014
Accounting Policies [Abstract]  
Computation of basic and diluted earnings per common share
The following table represents the computation of basic and diluted net income per common share (in thousands, except per share data):
 
December 27, 2014
 
December 28, 2013
 
December 29, 2012
Net income
$
43,775

 
$
37,984

 
$
37,398

Basic weighted average number of common shares outstanding
26,456

 
26,206

 
25,944

Basic net income per common share
$
1.65

 
$
1.45

 
$
1.44

Effect of dilutive stock options and deferred director stock units

 

 
27

Diluted weighted average number of common shares outstanding
26,456

 
26,206

 
25,971

Diluted net income per common share
$
1.65

 
$
1.45

 
$
1.44