Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies

v2.4.1.9
Summary of Significant Accounting Policies
3 Months Ended
Mar. 28, 2015
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 28, 2015
 
March 29, 2014
Net income
$
10,377

 
$
11,385

Weighted average basic shares outstanding
26,605

 
26,374

Basic net income per common share
$
0.39

 
$
0.43

Effect of dilutive stock options

 

Weighted average diluted shares outstanding
26,605

 
26,374

Diluted net income per common share
$
0.39

 
$
0.43