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Earnings Per Share - (Tables)
6 Months Ended
Jun. 27, 2020
Earnings Per Share [Abstract]  
Schedule of Weighted Average Number of Restricted Stock Units Excluded from Calculation of Diluted Earnings Per Share

The following table sets forth the weighted average number of restricted stock units that have been excluded from the calculation of diluted earnings per share as their effect would have been anti-dilutive:

    

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 27,

 

 

June 30,

 

 

June 27,

 

 

June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Restricted stock units

 

 

52

 

 

 

52

 

 

 

59

 

 

 

110

 

Total

 

 

52

 

 

 

52

 

 

 

59

 

 

 

110

 

Schedule of Basic and Diluted Earnings Per Share

 

The Company’s basic and diluted earnings per share amounts are as follows:

 

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 27,

 

 

June 30,

 

 

June 27,

 

 

June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

7,424

 

 

$

5,526

 

 

$

3,020

 

 

$

13,102

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share - weighted average shares

   outstanding

 

 

48,736

 

 

 

25,032

 

 

 

49,417

 

 

 

24,977

 

Effect of potential dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Employee stock options and restricted stock

   units - dilutive shares

 

 

278

 

 

 

218

 

 

 

365

 

 

 

250

 

Diluted earnings per share - weighted average shares

   outstanding

 

 

49,014

 

 

 

25,250

 

 

 

49,782

 

 

 

25,227

 

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.15

 

 

$

0.22

 

 

$

0.06

 

 

$

0.52

 

Diluted

 

$

0.15

 

 

$

0.22

 

 

$

0.06

 

 

$

0.52