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Earnings Per Share (Tables)
9 Months Ended
Sep. 25, 2021
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings per Share

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

 

 

Three Months Ended

 

 

Nine Months Ended

 

(in thousands, except per share data)

 

September 25, 2021

 

 

September 26, 2020

 

 

September 25, 2021

 

 

September 26, 2020

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

33,104

 

 

$

34,259

 

 

$

97,452

 

 

$

70,919

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average basic shares outstanding

 

 

31,692

 

 

 

32,281

 

 

 

31,895

 

 

 

32,317

 

Effect of stock-based compensation awards

 

 

150

 

 

 

90

 

 

 

144

 

 

 

77

 

Weighted average diluted shares outstanding

 

 

31,842

 

 

 

32,371

 

 

 

32,039

 

 

 

32,394

 

Earnings Per Share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

1.04

 

 

$

1.06

 

 

$

3.06

 

 

$

2.19

 

Diluted

 

$

1.04

 

 

$

1.06

 

 

$

3.04

 

 

$

2.19