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EARNINGS PER SHARE (Tables)
6 Months Ended
Jul. 03, 2021
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Numerator and Denominator for Basic and Diluted 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 3, 2021

June 27, 2020

July 3, 2021

June 27, 2020

Numerator:

Net income

$44,384

$18,594

$82,596

$33,932

Denominator:

Weighted average number of common shares outstanding – Basic

17,590,305

17,489,642

17,574,798

17,475,819

 

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

176,563

273,635

161,112

259,655

 

Weighted average number of common shares outstanding – Diluted

17,766,868

17,763,277

17,735,910

17,735,474