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Earnings Per Share (Tables)
12 Months Ended
Dec. 28, 2013
Earnings Per Share [Abstract]  
Schedule of Computation of Basic Earnings Per Share and Diluted Earnings Per Share

The following table sets forth the computation of basic earnings per share and diluted earnings per share:

 

(in thousands, except per share data)

   2013      2012      2011  

Numerator:

        

Income from continuing operations

   $ 81,920       $ 66,405       $ 56,202   

Income (loss) from discontinued operations

     —           4,557         (2,925
  

 

 

    

 

 

    

 

 

 

Net income

   $ 81,920       $ 70,962       $ 53,277   
  

 

 

    

 

 

    

 

 

 

Denominator:

        

Weighted average basic shares outstanding

     36,347        36,124         35,866   

Effect of compensation awards

     277         370         504   
  

 

 

    

 

 

    

 

 

 

Weighted average diluted shares outstanding

     36,624         36,494         36,370   
  

 

 

    

 

 

    

 

 

 

Earnings Per Share:

        

Basic:

        

Income from continuing operations

   $ 2.25       $ 1.84       $ 1.57   

Income (loss) from discontinued operations

     —           0.12         (0.08
  

 

 

    

 

 

    

 

 

 

Net income

   $ 2.25       $ 1.96       $ 1.49   
  

 

 

    

 

 

    

 

 

 

Diluted:

        

Income from continuing operations

   $ 2.24       $ 1.82       $ 1.55   

Income (loss) from discontinued operations

     —           0.12         (0.08
  

 

 

    

 

 

    

 

 

 

Net income

   $ 2.24       $ 1.94       $ 1.47