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Earnings Per Share (Tables)
12 Months Ended
Dec. 30, 2017
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)

 

2017

 

 

2016

 

 

2015

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

106,599

 

 

$

106,049

 

 

$

92,329

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average basic shares outstanding

 

 

33,964

 

 

 

34,516

 

 

 

35,466

 

Effect of  compensation awards

 

 

88

 

 

 

82

 

 

 

72

 

Weighted average diluted shares outstanding

 

 

34,052

 

 

 

34,598

 

 

 

35,538

 

Earnings Per Share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

3.14

 

 

$

3.07

 

 

$

2.60

 

Diluted

 

$

3.13

 

 

$

3.07

 

 

$

2.60