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NET INCOME PER SHARE
 3 Months Ended
Mar. 29, 2015
Earnings Per Share [Abstract]  
NET INCOME PER SHARE
NET INCOME PER SHARE
Basic earnings per share (EPS) data is computed based on weighted average common shares outstanding during the period. Diluted EPS data is computed based on weighted average common shares outstanding, including all potentially issuable common shares.
(in thousands, except per share data)
 
 
Thirteen Weeks Ended
 
March 29,
2015
 
March 30,
2014
Net income
$
2,533

 
$
2,877

Weighted average common shares outstanding
15,122

 
19,314

Effect of dilutive securities:
 
 
 
Stock options
745

 
804

Restricted stock
3

 
47

Weighted average common and potentially issuable common shares outstanding—diluted
15,870

 
20,165

Basic net income per common share
$
0.17

 
$
0.15

Diluted net income per common share
$
0.16

 
$
0.14



Shares of common stock equivalents of 0.2 million and 0.3 million were excluded from the diluted calculation due to their anti-dilutive effect for the thirteen weeks ended March 29, 2015 and March 30, 2014, respectively.