Earnings per Share

3 Months Ended

Mar. 27, 2020

Earnings Per Share [Abstract]

Earnings per Share

Note 11 – Earnings per Share

The following table sets forth the computation of basic and diluted earnings per share and a reconciliation of the numerator and denominator used in the calculation:

	Three Months Ended
	March 27, 2020		March 29, 2019
Numerator:
Net income	$	3,399	$	1,518
Denominator:
Basic weighted average ordinary shares outstanding		22,737,163		22,269,827
Dilutive effect of options		322,469		243,136
Dilutive effect of RSUs		119,960		19,046
Dilutive effect of ESPP		1,535		4,200
Diluted weighted average ordinary shares outstanding		23,181,127		22,536,209
Earnings per share:
Net income:
Basic	$	0.15	$	0.07
Diluted	$	0.15	$	0.07

A combined total of approximately 720,000 and 1,320,000 potentially dilutive options and RSUs were excluded from the calculation of net income per share for the first quarter of 2020 and 2019, respectively, because including them would have been antidilutive under the treasury stock method.