Net Income Per Share

6 Months Ended

Jun. 28, 2017

NET INCOME PER SHARE

Basic net income per share is calculated using the weighted-average number of shares of common stock outstanding during the thirteen weeks ended June 28, 2017 and June 29, 2016. Diluted net income per share is calculated using the weighted-average number of shares of common stock outstanding and potentially dilutive during the period, using the treasury stock method.

Below are basic and diluted net income per share data for the periods indicated, which are in thousands except for per share data.



	Thirteen Weeks Ended				Twenty-Six Weeks Ended
	June 28, 2017		June 29, 2016		June 28, 2017		June 29, 2016
Numerator:
Net income	$	7,819	$	7,267	$	12,696	$	12,710
Denominator:
Weighted-average shares outstanding—basic	38,449,240		38,294,575		38,443,130		38,289,505
Weighted-average shares outstanding—diluted	39,123,961		38,962,802		39,102,501		38,981,610
Net income per share—basic	$	0.20	$	0.19	$	0.33	$	0.33
Net income per share—diluted	$	0.20	$	0.19	$	0.32	$	0.33
Anti-dilutive securities not considered in diluted EPS calculation	763,761		473,836		763,761		473,836

Below is a reconciliation of basic and diluted share counts.



	Thirteen Weeks Ended		Twenty-Six Weeks Ended
	June 28, 2017	June 29, 2016	June 28, 2017	June 29, 2016
Weighted-average shares outstanding— basic	38,449,240	38,294,575	38,443,130	38,289,505
Dilutive effect of stock options and restricted shares	674,721	668,227	659,371	692,105
Weighted-average shares outstanding— diluted	39,123,961	38,962,802	39,102,501	38,981,610