Net Income Per Share

12 Months Ended

Dec. 27, 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 years ended December 27, 2017, December 28, 2016, and December 30, 2015. 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.



For the Years Ended	December 27, 2017		December 28, 2016		December 30, 2015
Numerator:
Net income	$	8,619	$	18,339	$	24,054
Denominator:
Weighted-average shares outstanding—Basic	38,453,347		38,357,805		37,949,316
Weighted-average shares outstanding—Diluted	39,086,676		39,026,950		39,039,558
Net income per share—Basic	$	0.22	$	0.48	$	0.63
Net income per share—Diluted	$	0.22	$	0.47	$	0.62
Anti-dilutive securities not considered in diluted EPS calculation	747,985		468,705		214,411

Below is a reconciliation of basic and diluted share counts.



For the Years Ended	December 27, 2017	December 28, 2016	December 30, 2015
Weighted-average shares outstanding—Basic	38,453,347	38,357,805	37,949,316
Dilutive effect of stock options and restricted shares	633,329	669,145	1,090,242
Weighted-average shares outstanding—Diluted	39,086,676	39,026,950	39,039,558