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Earnings Per Share
6 Months Ended
Jun. 17, 2014
Earnings Per Share [Abstract]  
Earnings Per Share

 

 

 

3.

EARNINGS PER SHARE

Basic earnings per share (“EPS”) data is computed based on the weighted average number of shares of common stock outstanding during the period. Diluted EPS data is computed based on the weighted average number of shares of common stock outstanding, including all potentially issuable shares of common stock. Diluted EPS for the 12 and 24 weeks ended June 17, 2014 excludes options to purchase 708,047 and 700,285 shares of common stock, which were outstanding during the periods, but were antidilutive. Diluted EPS for the 12 and 24 weeks ended June 11, 2013, excludes options to purchase 125,279 and 818,053 shares, which were outstanding during the period but were anti-dilutive.

(dollars in thousands, except per share data)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

12 Weeks Ended

 

24 Weeks Ended

 

June 17,

 

June 11,

 

June 17,

 

June 11,

 

2014

 

2013

 

2014

 

2013

Net income

$

4,769 

 

$

4,431 

 

$

9,290 

 

$

8,000 

Shares:

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding

 

23,578,703 

 

 

23,794,667 

 

 

23,603,045 

 

 

23,794,667 

Dilutive shares

 

268,063 

 

 

31,955 

 

 

249,836 

 

 

202 

Total Diluted Shares

 

23,846,766 

 

 

23,826,622 

 

 

23,852,881 

 

 

23,794,869 

 

 

 

 

 

 

 

 

 

 

 

 

Basic income per common share

$

0.20 

 

$

0.19 

 

$

0.39 

 

$

0.34 

Diluted income per common share

$

0.20 

 

$

0.19 

 

$

0.39 

 

$

0.34