Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v2.4.0.8
Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 27, 2014
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 27, 2014
 
September 28, 2013
September 27, 2014
 
September 28, 2013
Net income
$
9,877

 
$
8,275

$
33,449

 
$
29,640

Weighted average basic shares outstanding
26,455

 
26,247

26,425

 
26,206

Basic net income per common share
$
0.37

 
$
0.32

$
1.27

 
$
1.13

Effect of dilutive stock options

 


 

Weighted average diluted shares outstanding
26,455

 
26,247

26,425

 
26,206

Diluted net income per common share
$
0.37

 
$
0.32

$
1.27

 
$
1.13