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Net Income Per Common Share (Tables)
3 Months Ended
Apr. 04, 2020
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:

 

 

Three Months Ended

 

 

April 4,

 

 

March 30,

 

 

2020

 

 

2019

 

 

(in thousands, except per

share amounts)

 

Net income

$

15,600

 

 

$

8,257

 

 

 

 

 

 

 

 

 

Weighted-average common shares - Basic

 

58,668

 

 

 

58,134

 

Add:  Dilutive effect of stock compensation plans

 

453

 

 

 

1,086

 

 

 

 

 

 

 

 

 

Weighted-average common shares - Diluted

 

59,121

 

 

 

59,220

 

 

 

 

 

 

 

 

 

Net income per common share:

 

 

 

 

 

 

 

Basic

$

0.27

 

 

$

0.14

 

 

 

 

 

 

 

 

 

Diluted

$

0.26

 

 

$

0.14