Earnings Per Share

3 Months Ended

Mar. 29, 2019

EARNINGS PER SHARE

Basic earnings per share (EPS) is computed by dividing net income by the weighted average number of common shares outstanding for the period. Diluted EPS reflects potential dilution that could occur if securities to issue common stock were exercised or converted into common stock. Diluted EPS includes the dilutive effect of stock-based compensation outstanding after application of the treasury stock method.



	Three Months Ended
	March 29,		March 30,
(In thousands, except per share data)	2019		2018
Net income	$	7,091	$	6,111

Weighted average common shares outstanding	11,292		11,146
Add: Dilutive impact of stock options	29		80
Add: Dilutive impact of restricted stock units	78		112
Diluted weighted average common shares outstanding	11,399		11,338

Earnings per share
Basic	$	0.63	$	0.55
Diluted	$	0.62	$	0.54

The following table provides a summary of securities that could potentially dilute basic earnings per share in the future that were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive for the periods presented:



	Three Months Ended
	March 29,	March 30,
(In thousands)	2019	2018
Anti-dilutive stock options	13	1
Anti-dilutive restricted stock units	4	1
Total	17	2