EARNINGS PER SHARE

6 Months Ended

Jun. 29, 2019

EARNINGS PER SHAREThe following is a reconciliation of basic common shares outstanding to diluted common and common equivalent shares outstanding:



	Fiscal quarter ended						Two fiscal quarters ended
	June 29, 2019			June 30, 2018			June 29, 2019			June 30, 2018
Weighted-average number of common and common equivalent shares outstanding:
Basic number of common shares outstanding	44,706,307			46,437,093			44,888,552			46,604,599
Dilutive effect of equity awards	332,070			509,545			310,479			563,137
Diluted number of common and common equivalent shares outstanding	45,038,377			46,946,638			45,199,031			47,167,736

Basic net income per common share (in thousands, except per share data):
Net income	$	43,937		$	37,268		$	78,403		$	79,737
Income allocated to participating securities	(396		)	(276		)	(685		)	(600		)
Net income available to common shareholders	$	43,541		$	36,992		$	77,718		$	79,137

Basic net income per common share	$	0.97		$	0.80		$	1.73		$	1.70

Diluted net income per common share (in thousands, except per share data):
Net income	$	43,937		$	37,268		$	78,403		$	79,737
Income allocated to participating securities	(395		)	(274		)	(683		)	(596		)
Net income available to common shareholders	$	43,542		$	36,994		$	77,720		$	79,141

Diluted net income per common share	$	0.97		$	0.79		$	1.72		$	1.68

Anti-dilutive awards excluded from diluted earnings per share computation	311,300			332,448			513,742			254,417