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Earnings Per Share - (Tables)
9 Months Ended
Sep. 26, 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

 

 

Nine Months Ended

 

 

 

September 26,

 

 

September 30,

 

 

September 26,

 

 

September 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Restricted stock units

 

 

4

 

 

 

56

 

 

 

23

 

 

 

92

 

Total

 

 

4

 

 

 

56

 

 

 

23

 

 

 

92

 

Schedule of Basic and Diluted Earnings Per Share

 

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

 

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 26,

 

 

September 30,

 

 

September 26,

 

 

September 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

8,091

 

 

$

6,560

 

 

$

11,111

 

 

$

19,662

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share - weighted average shares

   outstanding

 

 

48,900

 

 

 

25,079

 

 

 

49,231

 

 

 

25,012

 

Effect of potential dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Employee stock options, employee stock purchase grants and restricted stock units - dilutive shares

 

 

231

 

 

 

226

 

 

 

320

 

 

 

242

 

Diluted earnings per share - weighted average shares

   outstanding

 

 

49,131

 

 

 

25,305

 

 

 

49,551

 

 

 

25,254

 

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.17

 

 

$

0.26

 

 

$

0.23

 

 

$

0.79

 

Diluted

 

$

0.16

 

 

$

0.26

 

 

$

0.22

 

 

$

0.78