Earnings Per Share

6 Months Ended

Jun. 27, 2015

The Company presents both basic and diluted earnings per share on the face of its condensed consolidated statements of operations. Basic net income per share excludes the effect of potentially dilutive shares and is computed by dividing earnings by the weighted-average number of shares of common stock outstanding for the period. Diluted earnings per share is computed using the weighted-average number of shares of common stock outstanding for the period plus the effect of all dilutive securities representing potential shares of common stock outstanding during the period.

A reconciliation of the share denominator of the basic and diluted net income per share computations for three and six months ended June 27, 2015 and June 28, 2014 is as follows (in thousands):



	Three Months Ended		Six Months Ended
	June 27, 2015	June 28, 2014	June 27, 2015	June 28, 2014
Weighted average common shares outstanding used in basic earnings per share calculation	24,020	23,939	23,943	23,825
Potential dilutive common stock equivalents, using treasury stock method	265	281	317	392
Weighted average shares used in diluted earnings per share calculation	24,285	24,220	24,260	24,217