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Net Income Per Common Share (Tables)
6 Months Ended
Jul. 02, 2016
Earnings Per Share [Abstract]  
Calculation of EPS and Reconciliation of Weighted Average Common Shares Used in Calculation of Basic and Diluted EPS

The table below presents the calculation of EPS and a reconciliation of weighted average common shares used in the calculation of basic and diluted EPS for our Company:

 

     Three Months Ended      Six Months Ended  
     July 2,      July 4,      July 2,      July 4,  
     2016      2015      2016      2015  
     (in thousands, except per share amounts)  

Net income

   $ 7,350       $ 6,780       $ 8,829       $ 13,432   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted-average common shares - Basic

     48,710         48,077         48,702         47,899   

Add: Dilutive effect of stock compensation plans

     1,763         2,206         1,763         2,256   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted-average common shares - Diluted

     50,473         50,283         50,465         50,155   
  

 

 

    

 

 

    

 

 

    

 

 

 

Net income per common share:

           

Basic

   $ 0.15       $ 0.14       $ 0.18       $ 0.28   
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted

   $ 0.15       $ 0.13       $ 0.17       $ 0.27