Earnings Per Share

3 Months Ended

Mar. 29, 2019

Earnings Per Share (EPS)

The following table sets forth the computation of basic and diluted EPS:



	First Quarter Ended
	March 29,		March 30,
(Thousands, except per share amounts)	2019		2018
Numerator for basic and diluted EPS:
Net income	$	16,906	$	10,564
Denominator:
Denominator for basic EPS:
Weighted-average shares outstanding	20,267		20,135
Effect of dilutive securities:
Stock appreciation rights	107		203
Restricted stock units	83		98
Performance-based restricted stock units	149		138
Diluted potential common shares	339		439
Denominator for diluted EPS:
Adjusted weighted-average shares outstanding	20,606		20,574
Basic EPS	$	0.83	$	0.52
Diluted EPS	$	0.82	$	0.51

Securities totaling 201,394 and 65,112 for the quarters ended March 29, 2019 and March 30, 2018, respectively were excluded from the dilution calculation as their effect would have been anti-dilutive.