NET INCOME PER SHARE

Basic earnings per share (“EPS”) is calculated using the weighted-average number of shares of common stock outstanding during the thirteen and twenty-six weeks ended June 26, 2019 and June 27, 2018. Diluted EPS 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 EPS data for the periods indicated, which are in thousands except for per share data:



	Thirteen Weeks Ended				Twenty-Six Weeks Ended
	June 26, 2019		June 27, 2018		June 26, 2019		June 27, 2018
Numerator:
Net income	$	14,087	$	5,052	$	15,000	$	7,581
Denominator:
Weighted-average shares outstanding—basic	37,939,912		38,482,074		38,296,807		38,473,641
Weighted-average shares outstanding—diluted	38,580,722		39,043,434		39,043,477		39,015,259
Net income per share—basic	$	0.37	$	0.13	$	0.39	$	0.20
Net income per share—diluted	$	0.37	$	0.13	$	0.38	$	0.19
Anti-dilutive securities not considered in diluted EPS calculation	733,449		570,774		438,547		570,774

Below is a reconciliation of basic and diluted share counts.



	Thirteen Weeks Ended		Twenty-Six Weeks Ended
	June 26, 2019	June 27, 2018	June 26, 2019	June 27, 2018
Weighted-average shares outstanding—basic	37,939,912	38,482,074	38,296,807	38,473,641
Dilutive effect of stock options and restricted shares	640,810	561,360	746,670	541,618
Weighted-average shares outstanding—diluted	38,580,722	39,043,434	39,043,477	39,015,259