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Earnings per Common Share (Tables)
3 Months Ended
Apr. 02, 2021
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings per Common Share

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

 

Three Months Ended

 

 

April 2,

 

 

April 3,

 

 

2021

 

 

2020

 

Numerators:

 

 

 

 

 

 

 

Consolidated net income

$

11,310

 

 

$

11,947

 

 

 

 

 

 

 

 

 

Denominators:

 

 

 

 

 

 

 

Weighted average common shares outstanding— basic

 

35,279

 

 

 

35,152

 

Dilutive potential common shares

 

510

 

 

 

409

 

Weighted average common shares outstanding— diluted

 

35,789

 

 

 

35,561

 

Antidilutive potential common shares excluded from above

 

27

 

 

 

52

 

 

 

 

 

 

 

 

 

Earnings per Common Share:

 

 

 

 

 

 

 

Basic

$

0.32

 

 

$

0.34

 

Diluted

$

0.32

 

 

$

0.34