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Earnings per Common Share (Tables)
6 Months Ended
Jul. 02, 2021
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings per Common Share

The following table sets forth the computation of basic and diluted earnings per common share (amounts in thousands, except per share data):

 

Three Months Ended

 

 

Six Months Ended

 

 

July 2,

 

 

July 3,

 

 

July 2,

 

 

July 3,

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Numerators:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated net income

$

11,664

 

 

$

11,660

 

 

$

22,974

 

 

$

23,607

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominators:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding— basic

 

35,374

 

 

 

35,137

 

 

 

35,326

 

 

 

35,145

 

Dilutive potential common shares

 

389

 

 

 

442

 

 

 

449

 

 

 

425

 

Weighted average common shares outstanding— diluted

 

35,763

 

 

 

35,579

 

 

 

35,775

 

 

 

35,570

 

Antidilutive potential common shares excluded from above

 

25

 

 

 

 

 

 

23

 

 

 

26

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per Common Share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.33

 

 

$

0.33

 

 

$

0.65

 

 

$

0.67

 

Diluted

$

0.33

 

 

$

0.33

 

 

$

0.64

 

 

$

0.66