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Earnings (Loss) Per Share
3 Months Ended
Mar. 29, 2015
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share
Earnings (Loss) Per Share
 
The following table sets forth the computation of basic and diluted earnings (loss) per share for the three-month periods ended March 29, 2015, and March 30, 2014:
 
 
Three Months Ended
 
 
March 29,
2015
 
March 30,
2014
Numerator:
 
 
 
 
Income from continuing operations
 
$
2,467

 
$
1,198

Income (loss) from discontinued operations
 
(163
)
 
(144
)
Net income
 
$
2,304

 
$
1,054

 
 
 
 
 
Denominator:
 
 

 
 

Weighted average shares - basic earnings per share
 
3,550

 
3,263

Add dilutive effect of stock based compensation
 
133

 
129

Weighted average shares - diluted earnings per share
 
3,683

 
3,392

 
 
 
 
 
Income (loss) per share - basic:
 
 
 
 
Continuing operations
 
$
0.69

 
$
0.37

Discontinued operations
 
$
(0.04
)
 
$
(0.05
)
Net income per share
 
$
0.65

 
$
0.32

 
 
 
 
 
Income (loss) per share - diluted:
 
 
 
 
Continuing operations
 
$
0.67

 
$
0.35

Discontinued operations
 
$
(0.04
)
 
$
(0.04
)
Net income per share
 
$
0.63

 
$
0.31



Outstanding options to purchase 6 thousand and 37 thousand shares of common stock as of March 29, 2015, and March 30, 2014, respectively, have not been included in the Company’s computation of weighted average shares for diluted earnings per share for the three-month periods then ended because the effect would have been anti-dilutive.