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Earnings Per Share (Tables)
3 Months Ended
Mar. 28, 2020
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

 

(in thousands, except per share data)

 

March 28, 2020

 

 

March 30, 2019

 

Numerator

 

 

 

 

 

 

 

 

Net income

 

$

22,775

 

 

$

23,407

 

Denominator:

 

 

 

 

 

 

 

 

Weighted average basic shares outstanding

 

 

32,354

 

 

 

32,801

 

Effect of stock-based compensation awards

 

 

72

 

 

 

88

 

Weighted average diluted shares outstanding

 

 

32,426

 

 

 

32,889

 

Earnings Per Share:

 

 

 

 

 

 

 

 

Basic

 

$

0.70

 

 

$

0.71

 

Diluted

 

$

0.70

 

 

$

0.71