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EARNINGS PER SHARE (Tables)
3 Months Ended
Apr. 01, 2017
EARNINGS PER SHARE  
Computation of earnings per share

The computation of earnings per share (“EPS”) is as follows (in thousands):

 

 

 

 

 

 

 

Three Months Ended

 

April 1,

    

March 26,

 

2017

 

2016

Numerator:

 

  

 

 

  

Net earnings attributable to controlling interest

$

21,062

 

$

19,212

Adjustment for earnings allocated to non-vested restricted common stock

 

(362)

 

 

(274)

Net earnings for calculating EPS

$

20,700

 

$

18,938

Denominator:

 

  

 

 

  

Weighted average shares outstanding

 

20,470

 

 

20,281

Adjustment for non-vested restricted common stock

 

(351)

 

 

(290)

Shares for calculating basic EPS

 

20,119

 

 

19,991

Effect of dilutive stock options

 

33

 

 

29

Shares for calculating diluted EPS

 

20,152

 

 

20,020

Net earnings per share:

 

  

 

 

  

Basic

$

1.03

 

$

0.95

Diluted

$

1.03

 

$

0.95