EARNINGS PER SHARE

9 Months Ended

Sep. 26, 2015

NOTE 7 - EARNINGS PER SHARE

Set forth below is a reconciliation of the numerator and denominator for basic and diluted earnings per share calculations for the periods indicated:

	Three Months Ended				Nine Months Ended
	September 26, 2015		September 27, 2014		September 26, 2015		September 27, 2014
Numerator:
Net income	$	11,963	$	6,781	$	45,026	$	53,387
Denominator:
Weighted average number of common shares outstanding – Basic		18,701,530		19,417,437		18,692,755		19,398,184

Dilutive effect of options and restricted stock units outstanding under the Company's employee compensation plans		673,013		515,875		650,910		480,873

Weighted average number of common shares outstanding – Diluted		19,374,543		19,933,312		19,343,665		19,879,057

The dilutive effect of outstanding options and restricted stock units is calculated using the treasury stock method. There were no stock options that were anti-dilutive and therefore not included in the diluted earnings per share calculation.