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Note 10 - Earnings Per Share
 9 Months Ended
Oct. 01, 2016
Notes to Financial Statements  
Earnings Per Share [Text Block]
10
. Earnings per Share
 
The following table sets forth the computation of basic and diluted earnings per share for the periods ending October 1, 2016 and September 26, 2015 (in thousands, except per share amounts):
 
   
For the Three Months Ended
    
For the Nine Months Ended
  
 
  
October 1
,
201
6
    
September 26,
2015
    
October 1
,
201
6
    
September 26,
2015
  
                                 
Net income
 
$
30.802
     $ 11,324  
 
$
77,243
     $ 60,003  
                                 
Average shares outstanding - Basic
 
 
22,578
       22,581  
 
 
22,515
       22,623  
                                 
Net effect of dilutive stock options and restricted share units
 
 
156
       112  
 
 
160
       148  
                                 
Average shares - Diluted
 
 
22,734
       22,693  
 
 
22,675
       22,771  
                                 
Net income per share:
                                
Basic
 
$
1.36
     $ 0.50  
 
$
3.43
     $ 2.65  
Diluted
 
$
1.35
     $ 0.50  
 
$
3.41
     $ 2.64  
 
Potential shares of common stock relating to stock options excluded from the earnings per share calculation because their effect would be anti-dilutive were 76,845 and 144,031 for the three months ended October 1, 2016 and September 26, 2015, respectively, and 45,591 and 108,193 for the nine months ended October 1, 2016 and September 26, 2015, respectively.