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Income (Loss) per Share
 6 Months Ended
Jun. 27, 2020
Earnings Per Share [Abstract]  
Income (Loss) per Share Income (Loss) per Share
We calculate basic income (loss) per share by dividing net income (loss) by the weighted average number of common shares outstanding. We calculate diluted income (loss) per share using the treasury stock method, by dividing net income (loss) by the weighted average number of common shares outstanding plus the dilutive effect of outstanding share-based awards, including restricted stock units, and performance units. Due to the financial results for the six month period ended June 27, 2019, 0.1 million of incremental shares were excluded from the computation of diluted weighted averages outstanding, because their effect would be anti-dilutive.
The reconciliation of basic net income (loss) and diluted net income (loss) per common share for the three- and six-month periods ended June 27, 2020, and June 29, 2019, were as follows:
 
Three Months Ended
 
Six Months Ended
 
June 27, 2020
 
June 29, 2019
 
June 27, 2020
 
June 29, 2019
 
(In thousands, except per share data)
 
(In thousands, except per share data)
Net income (loss)
$
6,695

 
$
6,301

 
$
5,908

 
$
(418
)
 
 
 
 
 
 
 
 
Weighted-average shares outstanding - basic
9,395

 
9,351

 
9,381

 
9,344

Dilutive effect of share-based awards
7

 
8

 
2

 
—

Weighted-average shares outstanding - diluted
9,402

 
9,359

 
$
9,383

 
$
9,344

 
 
 
 
 
 
 
 
Basic income (loss) per share
$
0.71

 
$
0.67


$
0.63


$
(0.04
)
Diluted income (loss) per share
$
0.71

 
$
0.67


$
0.63


$
(0.04
)