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Earnings Per Share
9 Months Ended
Sep. 28, 2018
Earnings Per Share [Abstract]  
Earnings Per Share
EARNINGS PER SHARE
Basic earnings per share (EPS) is computed by dividing net income by the weighted average number of common shares outstanding for the period. Diluted EPS reflects potential dilution that could occur if securities to issue common stock were exercised or converted into common stock. Diluted EPS includes the dilutive effect of stock-based compensation outstanding after application of the treasury stock method.
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 28,
 
September 29,
 
September 28,
 
September 29,
(In thousands, except per share data)
 
2018
 
2017
 
2018
 
2017
Net income
 
$
9,866

 
$
5,800

 
$
25,173

 
$
17,930

 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding
 
11,248

 
11,075

 
11,210

 
10,991

Add: Dilutive impact of stock options
 
68

 
68

 
75

 
63

Add: Dilutive impact of restricted stock units
 
90

 
129

 
95

 
114

Diluted weighted average common shares outstanding
 
11,406

 
11,272

 
11,380

 
11,168

 
 
 
 
 
 
 
 
 
Earnings per share
 
 
 
 
 
 
 
 
Basic
 
$
0.88

 
$
0.52

 
$
2.25

 
$
1.63

Diluted
 
$
0.86

 
$
0.51

 
$
2.21

 
$
1.61



The following table provides a summary of securities that could potentially dilute basic earnings per share in the future that were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive for the periods presented:
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 28,
 
September 29,
 
September 28,
 
September 29,
(In thousands)
 
2018
 
2017
 
2018
 
2017
Anti-dilutive stock options
 
1

 
3

 
2

 
12

Anti-dilutive restricted stock units
 

 

 

 

Total
 
1

 
3

 
2

 
12