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Earnings (Loss) Per Share (EPS)
6 Months Ended
Jun. 29, 2018
Earnings Per Share [Abstract]  
EARNINGS (LOSS) PER SHARE (EPS)
EARNINGS (LOSS) PER SHARE (“EPS”)
The following table sets forth a reconciliation of the information used in computing basic and diluted EPS (in thousands, except per share amounts):
 
Three Months Ended
 
Six Months Ended
 
June 29,
2018
 
June 30,
2017
 
June 29,
2018
 
June 30,
2017
Numerator for basic and diluted EPS:
 
 
 
 
 
 
 
Income from continuing operations
$
23,056

 
$
9,559

 
$
36,140

 
$
12,507

Loss from operations of discontinued operations
(3,034
)
 
$
(6,569
)
 
(8,000
)
 
(13,856
)
Net income (loss)
$
20,022

 
$
2,990

 
$
28,140

 
$
(1,349
)
 
 
 
 
 
 
 
 
Denominator for basic and diluted EPS:
 
 
 
 
 
 
 
Weighted average shares outstanding - Basic
32,038

 
31,302

 
31,970

 
31,159

Dilutive effect of assumed exercise of stock options, restricted stock and RSUs
682

 
680

 
602

 
674

Weighted average shares outstanding - Diluted
32,720

 
31,982

 
32,572

 
31,833

 
 
 
 
 
 
 
 
Basic earnings (loss) per share:
 
 
 
 
 
 
 
Income from continuing operations
$
0.72

 
$
0.31

 
$
1.13

 
$
0.40

Loss from discontinued operations
(0.09
)
 
(0.21
)
 
(0.25
)
 
(0.44
)
Basic earnings (loss) per share
0.62

 
0.10

 
0.88

 
(0.04
)
 
 
 
 
 
 
 
 
Diluted earnings (loss) per share:
 
 
 
 
 
 
 
Income from continuing operations
$
0.70

 
$
0.30

 
$
1.11

 
$
0.39

Loss from discontinued operations
(0.09
)
 
(0.21
)
 
(0.25
)
 
(0.44
)
Diluted earnings (loss) per share
0.61

 
0.09

 
0.86

 
(0.04
)

The diluted weighted average share calculations do not include the following securities, which are not dilutive to the EPS calculations or the performance criteria have not been met (in thousands):
 
Three Months Ended
 
Six Months Ended
 
June 29,
2018
 
June 30,
2017
 
June 29,
2018
 
June 30,
2017
Time-vested stock options, restricted stock and RSUs

 
556

 
50

 
1,599

Performance-vested restricted stock and PSUs
92

 
180

 
122

 
451