Earnings Per Share
6 Months Ended
Jun. 28, 2019
Earnings Per Share [Abstract]  
Earnings Per Share
EARNINGS PER SHARE
Basic earnings per share (EPS) is computed by dividing net income by the weighted average number of common shares outstanding for the period. Diluted EPS reflects potential dilution that could occur if securities to issue common stock were exercised or converted into common stock. Diluted EPS includes the dilutive effect of stock-based compensation outstanding after application of the treasury stock method.
 
 
Three Months Ended
 
Six Months Ended
 
 
June 28,
 
June 29,
 
June 28,
 
June 29,
(In thousands, except per share data)
 
2019
 
2018
 
2019
 
2018
Net income
 
$
7,617

 
$
9,195

 
$
14,708

 
$
15,307

 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding
 
11,455

 
11,235

 
11,376

 
11,191

Add: Dilutive impact of stock options
 
41

 
68

 
42

 
72

Add: Dilutive impact of restricted stock units
 
109

 
80

 
94

 
88

Diluted weighted average common shares outstanding
 
11,605

 
11,383

 
11,512

 
11,351

 
 
 
 
 
 
 
 
 
Earnings per share
 
 
 
 
 
 
 
 
Basic
 
$
0.66

 
$
0.82

 
$
1.29

 
$
1.37

Diluted
 
$
0.66

 
$
0.81

 
$
1.28

 
$
1.35



The following table provides a summary of securities that could potentially dilute basic earnings per share in the future that were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive for the periods presented:
 
 
Three Months Ended
 
Six Months Ended
 
 
June 28,
 
June 29,
 
June 28,
 
June 29,
(In thousands)
 
2019
 
2018
 
2019
 
2018
Anti-dilutive stock options
 

 
1

 
1

 
1

Anti-dilutive restricted stock units
 

 

 
2

 

Total
 

 
1

 
3

 
1