Earnings Per Share
 9 Months Ended
Sep. 27, 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 the potential dilution that could occur if securities such as stock options and restrictive stock units 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
 
Nine Months Ended
 
 
September 27,
 
September 28,
 
September 27,
 
September 28,
(In thousands, except per share data)
 
2019
 
2018
 
2019
 
2018
Net income
 
$
9,382

 
$
9,866

 
$
24,090

 
$
25,173

 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding
 
11,506

 
11,248

 
11,420

 
11,210

Add: Dilutive impact of stock options
 
37

 
68

 
45

 
75

Add: Dilutive impact of restricted stock units
 
135

 
90

 
101

 
95

Diluted weighted average common shares outstanding
 
11,678

 
11,406

 
11,566

 
11,380

 
 
 
 
 
 
 
 
 
Earnings per share
 
 
 
 
 
 
 
 
Basic
 
$
0.82

 
$
0.88

 
$
2.11

 
$
2.25

Diluted
 
$
0.80

 
$
0.86

 
$
2.08

 
$
2.21



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
 
Nine Months Ended
 
 
September 27,
 
September 28,
 
September 27,
 
September 28,
(In thousands)
 
2019
 
2018
 
2019
 
2018
Anti-dilutive stock options
 
—

 
1

 
1

 
2

Anti-dilutive restricted stock units
 
—

 
—

 
3

 
—

Total
 
—

 
1

 
4

 
2