Earnings Per Share

3 Months Ended

Mar. 21, 2020

Note I – 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
	March 21,	March 23,
In thousands	2020	2019

Weighted average common shares outstanding	14,118	14,447
Dilutive effect of stock options and restricted stock units	56	28
Weighted average common shares outstanding, assuming dilution	14,174	14,475

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 2020 and 2019 were 79,700 and 89,431, respectively.