Note 7 - Earnings Per Share

3 Months Ended

Mar. 28, 2015

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

7. Earnings per Share

The following table sets forth the computation of basic and diluted earnings per share of March 28, 2015 and March 29, 2014 (in thousands except per share amounts).

	For the Three Months Ended
	March 28, 2015		March 29, 2014
Net income	$	19,995	$	25,389
Average shares outstanding - Basic		22,600		22,492
Net effect of dilutive stock options and restricted share units		181		225
Average shares - Diluted		22,781		22,717
Net income per share:
Basic	$	0.88	$	1.13
Diluted	$	0.88	$	1.12

Potential shares of common stock relating to stock options excluded from the earnings per share calculation because their effect would be anti-dilutive were 64,520 and 0 for the three months ended March 28, 2015 and March 29, 2014, respectively.