XML 29 R19.htm IDEA: XBRL DOCUMENT v3.5.0.2
Earnings Per Share (Tables)
9 Months Ended
Sep. 24, 2016
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:

 

     Thirteen Weeks Ended      Thirty-nine Weeks Ended  

(in thousands, except per share data)

   September 24,
2016
     September 26,
2015
     September 24,
2016
     September 26,
2015
 

Numerator

           

Net income

   $ 26,695       $ 26,060       $ 77,348       $ 70,542   

Denominator:

           

Weighted average basic shares outstanding

     34,572         35,514         34,560         35,535   

Effect of stock-based compensation awards

     100         61         66         76   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted average diluted shares outstanding

     34,672         35,575         34,626         35,611   
  

 

 

    

 

 

    

 

 

    

 

 

 

Earnings Per Share:

           

Basic

   $ 0.77       $ 0.73       $ 2.24       $ 1.99   

Diluted

   $ 0.77       $ 0.73       $ 2.23       $ 1.98