EARNINGS PER COMMON SHARE

3 Months Ended

Apr. 01, 2017

EARNINGS PER COMMON SHARE:

EARNINGS PER COMMON SHARE

8.    EARNINGS PER COMMON SHARE

The following table sets forth the computation of basic and diluted earnings per common share.

	Three Months Ended
	April 1, 2017		April 2, 2016
In thousands	(13 Weeks)		(13 Weeks)
Income from continuing operations	$	1,194	$	10,916
Income from discontinued operations, net of income taxes		165		720
Net income	$	1,359	$	11,636
Basic weighted average shares outstanding		128,387		127,931
Stock options and nonvested shares		567		705
Diluted weighted average shares outstanding		128,954		128,636
Earnings per share:
Basic
Income from continuing operations	$	0.01	$	0.09
Income from discontinued operations		—		—
Net income	$	0.01	$	0.09
Diluted
Income from continuing operations	$	0.01	$	0.08
Income from discontinued operations		—		0.01
Net income	$	0.01	$	0.09