EARNINGS PER SHARE

Basic EPS is calculated using the weighted-average number of shares of common stock outstanding during the years ended December 25, 2019, December 26, 2018, and December 27, 2017. 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.



For the Years Ended	December 25, 2019		December 26, 2018			December 27, 2017
Numerator:
Net income (loss)	$	24,900	$	(8,994	)	$	8,619
Denominator:
Weighted-average shares outstanding—Basic	36,739,209		38,574,553			38,453,347
Weighted-average shares outstanding—Diluted	37,441,503		38,574,553			39,086,676
Net income (loss) per share—Basic	$	0.68	$	(0.23	)	$	0.22
Net income (loss) per share—Diluted	$	0.67	$	(0.23	)	$	0.22
Anti-dilutive securities not considered in diluted EPS calculation	526,295		2,593,104			747,985

Below is a reconciliation of basic and diluted share counts.



For the Years Ended	December 25, 2019	December 26, 2018	December 27, 2017
Weighted-average shares outstanding—Basic	36,739,209	38,574,553	38,453,347
Dilutive effect of stock options and restricted shares	702,294	—	633,329
Weighted-average shares outstanding—Diluted	37,441,503	38,574,553	39,086,676