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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2018
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

 

 

Twenty-Six Weeks Ended

 

(in thousands, except per share data)

 

June 30, 2018

 

 

July 1, 2017

 

 

June 30, 2018

 

 

July 1, 2017

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

34,339

 

 

$

28,437

 

 

$

64,985

 

 

$

57,624

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average basic shares outstanding

 

 

33,146

 

 

 

34,128

 

 

 

33,273

 

 

 

34,256

 

Effect of stock-based compensation awards

 

 

80

 

 

 

97

 

 

 

82

 

 

 

94

 

Weighted average diluted shares outstanding

 

 

33,226

 

 

 

34,225

 

 

 

33,355

 

 

 

34,350

 

Earnings Per Share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

1.04

 

 

$

0.83

 

 

$

1.95

 

 

$

1.68

 

Diluted

 

$

1.03

 

 

$

0.83

 

 

$

1.95

 

 

$

1.68