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EARNINGS PER SHARE
 6 Months Ended
Jul. 02, 2016
Earnings Per Share [Abstract]  
EARNINGS PER SHARE

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   Six Months Ended 
   July 2,
2016		   June 27,
2015		   July 2,
2016		   June 27,
2015		 
Numerator:                    
Net income  $23,515   $17,560   $46,792   $33,063 
Denominator:                    
Weighted average number of common shares outstanding – Basic   18,968,548    18,697,623    18,955,851    18,688,269 
                     
Dilutive effect of options and restricted stock units outstanding under the Company’s employee compensation plans   237,592    649,435    217,672    620,478 
                     
Weighted average number of common shares outstanding – Diluted   19,206,140    19,347,058    19,173,523    19,308,747 

 

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.