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Earnings per Share (Tables)
 6 Months Ended
Jul. 01, 2016
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings per Share

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share amounts):

 

 

Three Months Ended

 

 

Six Months Ended

 

 

July 1,

 

 

July 3,

 

 

July 1,

 

 

July 3,

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Numerators:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

$

4,871

 

 

$

19,511

 

 

$

6,777

 

 

$

22,957

 

Loss from discontinued operations

 

—

 

 

 

(13

)

 

 

—

 

 

 

(13

)

Consolidated net income

$

4,871

 

 

$

19,498

 

 

$

6,777

 

 

$

22,944

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominators:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding— basic

 

34,734

 

 

 

34,630

 

 

 

34,696

 

 

 

34,567

 

Dilutive potential common shares

 

153

 

 

 

399

 

 

 

174

 

 

 

447

 

Weighted average common shares outstanding— diluted

 

34,887

 

 

 

35,029

 

 

 

34,870

 

 

 

35,014

 

Antidilutive common shares excluded from above

 

193

 

 

 

—

 

 

 

97

 

 

 

—

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic Earnings (Loss) per Common Share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

From continuing operations

$

0.14

 

 

$

0.56

 

 

$

0.20

 

 

$

0.66

 

From discontinued operations

$

—

 

 

$

(0.00

)

 

$

—

 

 

$

(0.00

)

Basic earnings per share

$

0.14

 

 

$

0.56

 

 

$

0.20

 

 

$

0.66

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted Earnings (Loss) per Common Share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

From continuing operations

$

0.14

 

 

$

0.56

 

 

$

0.19

 

 

$

0.66

 

From discontinued operations

$

—

 

 

$

(0.00

)

 

$

—

 

 

$

(0.00

)

Diluted earnings per share

$

0.14

 

 

$

0.56

 

 

$

0.19

 

 

$

0.66