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Earnings Per Share
12 Months Ended
Dec. 30, 2014
Earnings Per Share [Abstract]  
Earnings Per Share

(14) 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 earnings per share for fiscal 2012, 2013 and 2014 exclude stock options of 825,000,  423,579 and 716,335, respectively, which were outstanding during the period, but were anti-dilutive.

(dollars in thousands, except per share data)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended

 

December 25,

 

December 31,

 

December 30,

 

2012

 

2013

 

2014

Income from continuing operations

$

14,573 

 

$

12,212 

 

$

16,597 

Discontinued operations, net of income tax benefit

 

(819)

 

 

 —

 

 

 —

Net income

$

13,754 

 

$

12,212 

 

$

16,597 

Shares:

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding

 

20,432,579 

 

 

23,779,782 

 

 

23,517,883 

Dilutive shares

 

 —

 

 

72,418 

 

 

222,435 

Total Diluted Shares

 

20,432,579 

 

 

23,852,200 

 

 

23,740,318 

Basic income (loss) per common share:

 

 

 

 

 

 

 

 

Continuing operations

$

0.71 

 

$

0.51 

 

$

0.71 

Discontinued operations

 

(0.04)

 

 

 —

 

 

 —

Basic income per share

$

0.67 

 

$

0.51 

 

$

0.71 

Diluted income (loss) per common share:

 

 

 

 

 

 

 

 

Continuing operations

$

0.71 

 

$

0.51 

 

$

0.70 

Discontinued operations

 

(0.04)

 

 

 —

 

 

 —

Diluted income per share

$

0.67 

 

$

0.51 

 

$

0.70