Earnings Per Share

6 Months Ended

Jul. 13, 2019

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		Six Months Ended
	July 13,	July 14,	July 13,	July 14,
In thousands	2019	2018	2019	2018

Weighted average common shares outstanding	14,472	14,424	14,462	14,407
Dilutive effect of stock options and restricted stock units	23	26	23	24
Weighted average common shares outstanding, assuming dilution	14,495	14,450	14,485	14,431

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 89,431 and 71,781, respectively.