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EARNINGS PER SHARE
9 Months Ended
Sep. 28, 2019
Earnings Per Share [Abstract]  
EARNINGS PER SHARE

NOTE 9 — 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 28, 2019

September 29, 2018

September 28, 2019

September 29, 2018

Numerator:

Net income

$4,817

$9,206

$24,083

$38,659

Denominator:

Weighted average number of common shares outstanding – Basic

17,464,238

17,458,020

17,447,908

17,448,141

 

Dilutive effect of options and restricted stock units outstanding under the Company’s employee compensation plans

154,560

261,263

138,723

209,126

 

Weighted average number of common shares outstanding – Diluted

17,618,798

17,719,283

17,586,631

17,657,267

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.