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Earnings per Share (Tables)
9 Months Ended
Oct. 01, 2016
Earnings Per Share [Abstract]  
Earnings per Share
The following table shows the computation of basic and diluted earnings per share (in thousands, except per share data):
 
Three months ended
 
Nine months ended
 
October 1, 2016
 
October 3, 2015
 
October 1, 2016
 
October 3, 2015 (1)
Net income (loss)
$
15,008

 
$
561

 
$
5,720

 
$
(5,514
)
 
 
 
 
 
 
 
 
Basic weighted shares outstanding
8,900

 
8,769

 
8,891

 
8,741

Dilutive effect of share-based awards
30

 
38

 
72

 

Diluted weighted average shares outstanding
8,930

 
8,807

 
8,963

 
8,741

 
 
 
 
 
 
 
 
Basic earnings per share
$
1.69

 
$
0.06

 
$
0.64

 
$
(0.63
)
Diluted earnings per share
$
1.68

 
$
0.06

 
$
0.64

 
$
(0.63
)
(1) Basic and diluted earnings per share are equivalent for the nine months ended October 3, 2015, due to net losses for the period.