Earnings Per Share

9 Months Ended

Oct. 05, 2019

Earnings Per Share

Earnings Per Share

Note J – Earnings Per Share

The shares used in computation of the Company’s basic and diluted earnings per common share are as follows:

	Three Months Ended		Nine Months Ended
	October 5,	October 6,	October 5,	October 6,
In thousands	2019	2018	2019	2018
Weighted average common shares outstanding	14,440	14,440	14,455	14,417
Dilutive effect of stock options and restricted stock units	28	29	30	30
Weighted average common shares outstanding, assuming dilution	14,468	14,469	14,485	14,447

Stock options that are anti-dilutive as to earnings per share and unvested restricted stock units which have a market condition for vesting that has not been achieved are ignored in the computation of dilutive earnings per share. The number of stock options and restricted stock units that were excluded in 2019 and 2018 were 80,950 and 69,531, respectively.