Earnings Per Share

6 Months Ended

Jul. 11, 2020

Earnings Per Share

Earnings Per Share

Note H – 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		Six Months Ended
	July 11,	July 13,	July 11,	July 13,
In thousands	2020	2019	2020	2019
Weighted average common shares outstanding	14,108	14,472	14,113	14,462
Dilutive effect of stock options and restricted stock units	71	23	66	23
Weighted average common shares outstanding, assuming dilution	14,179	14,495	14,179	14,485

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 106,869 and 89,431, respectively.