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Earnings per Share (Tables)
3 Months Ended
Apr. 01, 2017
Earnings Per Share [Abstract]  
Earnings per Share
es, and 50,000 total unvested restricted stock awards and restricted stock units.
The following table shows the computation of basic and diluted earnings per share (in thousands, except per share data):
 
Three months ended
 
April 1, 2017
 
April 2, 2016 (1)
Net income (loss)
$
584

 
$
(6,145
)
 
 
 
 
Basic weighted shares outstanding
8,966

 
8,876

Dilutive effect of share-based awards
132

 

Diluted weighted average shares outstanding
9,098

 
8,876

 
 
 
 
Basic earnings (loss) per share
$
0.07

 
$
(0.69
)
Diluted earnings (loss) per share
$
0.06

 
$
(0.69
)
(1) Basic and diluted earnings per share are equivalent for the three months ended April 2, 2016, due to net losses for the period.