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Earnings Per Share (Tables)
12 Months Ended
Jan. 01, 2017
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:

 

 

 

Year Ended

 

 

 

January 1,

2017

 

 

January 3,

2016

 

 

December 28,

2014

 

 

 

(In thousands, except per share data)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

16,886

 

 

$

15,297

 

 

$

14,876

 

Weighted-average shares of common stock outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

21,607

 

 

 

21,741

 

 

 

21,933

 

Dilutive effect of common stock equivalents arising

   from share option, nonvested share and nonvested

   share unit awards

 

 

209

 

 

 

186

 

 

 

200

 

Diluted

 

 

21,816

 

 

 

21,927

 

 

 

22,133

 

Basic earnings per share

 

$

0.78

 

 

$

0.70

 

 

$

0.68

 

Diluted earnings per share

 

$

0.77

 

 

$

0.70

 

 

$

0.67

 

Antidilutive share option awards excluded

   from diluted calculation

 

 

199,790

 

 

 

480,599

 

 

 

513,885

 

Antidilutive nonvested share and nonvested share unit

   awards excluded from diluted calculation

 

 

 

 

 

165

 

 

 

1,208