SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 26, 2015

Schedule of Accounts Receivable Allowances

The following table presents the activity in our accounts receivable allowances (in thousands):



	Beginning Balance		Additions Charged to Costs and Expenses		Deductions*			Ending Balance
Year Ended December 26, 2015:
Allowance for possible losses on accounts receivable	$	2,390	$	20,538	$	(20,256	)	$	2,672
Year Ended December 27, 2014:
Allowance for possible losses on accounts receivable	$	2,060	$	18,871	$	(18,541	)	$	2,390
Year Ended December 28, 2013:
Allowance for possible losses on accounts receivable	$	2,550	$	17,114	$	(17,604	)	$	2,060

* Includes accounts charged off, discounts given to customers and actual customer returns and allowances.

Schedule of Notes Receivable Allowances

The following table presents the activity in our notes receivable allowances (in thousands):



	Beginning Balance		Additions		Deductions			Ending Balance
Year Ended December 26, 2015: Allowance for possible losses on Notes receivable	$	826	$	—	$	(826	)	$	—

Year Ended December 27, 2014: Allowance for possible losses on Notes receivable	$	1,025	$	1,599	$	(1,798	)	$	826

Year Ended December 28, 2013: Allowance for possible losses on Notes receivable	3,226		$	887	(3,088		)	$	1,025

Schedule of Estimated Useful Lives of Property, Plant, and Equipment

Depreciation is computed principally by the straight-line method over the estimated useful lives of the assets as follows:



Land improvements	5 to 15 years
Buildings and improvements	10 to 32 years
Machinery, equipment and office furniture	2 to 8 years

Schedule of Percentage of Completion Account Balances

The following table presents the balances of percentage-of-completion accounts on December 26, 2015 and December 27, 2014 which are included in other current assets and other accrued liabilities, respectively (in thousands):



	2015		2014
Cost and Earnings in Excess of Billings	$	3,624	$	5,244
Billings in Excess of Cost and Earnings	4,978		4,682

Schedule of Computation of Earnings Per Share

The computation of earnings per share (“EPS”) is as follows (in thousands):



	December 26, 2015			December 27, 2014			December 28, 2013
Numerator:
Net earnings attributable to controlling interest	$	80,595		$	57,551		$	43,082
Adjustment for earnings allocated to non-vested restricted common stock	(1,059		)	(718		)	(412		)
Net earnings for calculating EPS	$	79,536		$	56,833		$	42,670
Denominator:
Weighted average shares outstanding	20,184			20,081			19,952
Adjustment for non-vested restricted common stock	(265		)	(250		)	(191		)
Shares for calculating basic EPS	19,919			19,831			19,761
Effect of dilutive stock options	36			23			54
Shares for calculating diluted EPS	19,955			19,854			19,815
Net earnings per share:
Basic	$	3.99		$	2.87		$	2.16
Diluted	$	3.99		$	2.86		$	2.15