Earnings Per Share

12 Months Ended

Dec. 26, 2020

16.	Earnings Per Share:

Basic income per share is calculated using the weighted average number of shares of common stock outstanding during the period. Restricted stock units and stock options are included in the calculation of diluted earnings per share, except when their effect would be anti-dilutive.

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

	December 26,		December 31,
	2020		2019		2018
Numerator:
Net income	$	31,025	$	1,910	$	45,096
Denominator:
Basic earnings per share - weighted average shares outstanding		49,136		29,729		25,470
Effect of potential dilutive securities:
Restricted stock units, employee stock purchase grants and stock options - dilutive shares		339		278		426
Diluted earnings per share - weighted average shares outstanding		49,475		30,007		25,895
Earnings per share:
Basic	$	0.63	$	0.06	$	1.77
Diluted	$	0.63	$	0.06	$	1.74