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Earnings Per Share
9 Months Ended
Sep. 28, 2018
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share

The following table sets forth the computation of basic and diluted net income per share:
 
Thirteen Weeks Ended
 
Thirty-nine Weeks Ended
 
September 28, 2018
 
September 29, 2017
 
September 28, 2018
 
September 29, 2017
Net income per share:
 
 
 
 
 
 
 
Basic
$
0.14

 
$
0.11

 
$
0.40

 
$
0.19

Diluted
$
0.14

 
$
0.11

 
$
0.40

 
$
0.19

Weighted average common shares:
 

 
 

 
 

 
 

Basic
29,080,929

 
26,092,387

 
28,458,972

 
26,011,913

Diluted
29,743,851

 
27,387,619

 
29,619,703

 
26,063,655










Reconciliation of net income per common share:
 
Thirteen Weeks Ended
 
Thirty-nine Weeks Ended
 
September 28, 2018
 
September 29, 2017
 
September 28, 2018
 
September 29, 2017
Numerator:
 
 
 
 
 
 
 
Net income
$
4,157

 
$
2,851

 
$
11,520

 
$
4,883

Add effect of dilutive securities:
 

 
 

 
 

 
 

Interest on convertible notes, net of tax
26

 
134

 
358

 

Net income available to common shareholders
$
4,183

 
$
2,985

 
$
11,878

 
$
4,883

Denominator:
 

 
 

 
 

 
 

Weighted average basic common shares outstanding
29,080,929

 
26,092,387

 
28,458,972

 
26,011,913

Dilutive effect of unvested common shares
313,229

 
57,858

 
221,411

 
51,742

Dilutive effect of convertible notes
349,693

 
1,237,374

 
939,320

 

Weighted average diluted common shares outstanding
29,743,851

 
27,387,619

 
29,619,703

 
26,063,655



The following table presents potentially dilutive securities that have been excluded from the calculation of diluted net income per common share because the effect is anti-dilutive:
 
Thirteen Weeks Ended
 
Thirty-nine Weeks Ended
 
September 28, 2018
 
September 29, 2017
 
September 28, 2018
 
September 29, 2017
Restricted share awards (RSAs)

 
104,053

 
388

 
309,922

Stock options

 
201,878

 

 
209,071

Convertible subordinated notes

 

 

 
1,237,374