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Earnings per Common Share
6 Months Ended
Jul. 03, 2015
Earnings per Common Share  
Earnings per Common Share

 

8.Earnings per Common Share

 

A reconciliation of the weighted average shares outstanding used in the calculation of basic and diluted earnings per common share is as follows:

 

 

 

Three month period ended

 

Six month period ended

 

 

 

July 3, 2015

 

June 30, 2014

 

July 3, 2015

 

June 30, 2014

 

Basic weighted average outstanding shares

 

9,393 

 

9,338 

 

9,377 

 

9,316 

 

Add common equivalent shares representing shares issuable upon exercise of dilutive awards

 

176 

 

93 

 

177 

 

107 

 

 

 

 

 

 

 

 

 

 

 

Diluted weighted average number of shares

 

9,569 

 

9,431 

 

9,554 

 

9,423 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive shares excluded from calculation

 

 

261 

 

22 

 

96 

 

 

 

 

 

 

 

 

 

 

 

 

See footnote 12, “Subsequent Event” related to the issuance of shares subsequent to quarter end which are expected to be dilutive to earnings per share.