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Net Income per Share (Tables)
6 Months Ended
Jul. 02, 2016
Net Income per Share  
Schedule of reconciliation from net income to net income available to common shareholders

 

        The following table presents a reconciliation from net income to the net income available to common shareholders (in thousands):

                                                                                                                                                                                    

 

 

Quarter Ended

 

Fiscal Year to
Date Period
Ended

 

 

 

July 2,
2016

 

July 4,
2015

 

July 2,
2016

 

July 4,
2015

 

Net income, as reported

 

$

5,215 

 

$

3,325 

 

$

7,637 

 

$

6,104 

 

Common stock equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

 

Less: net income attributable to participating shares

 

 

37 

 

 

24 

 

 

54 

 

 

46 

 

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Net income available to common shareholders

 

$

5,178 

 

$

3,301 

 

$

7,583 

 

$

6,058 

 

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Schedule of reconciliation of basic to diluted weighted average shares of common stock outstanding

 

        The following is a reconciliation of basic to diluted weighted average shares of common stock outstanding (in thousands):

                                                                                                                                                                                    

 

 

Quarter Ended

 

Fiscal Year to
Date Period
Ended

 

 

 

July 2,
2016

 

July 4,
2015

 

July 2,
2016

 

July 4,
2015

 

Basic weighted average shares outstanding

 

 

8,695 

 

 

9,034 

 

 

8,783 

 

 

9,112 

 

Common stock equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock options, restricted shares, and restricted stock units

 

 

84 

 

 

219 

 

 

42 

 

 

216 

 

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Diluted weighted average shares outstanding

 

 

8,779 

 

 

9,253 

 

 

8,825 

 

 

9,328 

 

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