Earnings Per Share
9 Months Ended
Oct. 02, 2020
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 EndedNine Months Ended
October 2,September 27,October 2,September 27,
(In thousands, except per share data)2020201920202019
Net income $10,391 $7,841 $20,170 $22,532 
Weighted average common shares outstanding11,621 11,506 11,590 11,420 
Add: Dilutive impact of stock options34 37 38 45 
Add: Dilutive impact of restricted stock units96 135 115 101 
Diluted weighted average common shares outstanding11,751 11,678 11,743 11,566 
Earnings per share
Basic$0.89 $0.68 $1.74 $1.97 
Diluted$0.88 $0.67 $1.72 $1.95 

    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 EndedNine Months Ended
October 2,September 27,October 2,September 27,
(In thousands)2020201920202019
Anti-dilutive stock options— — — 
Anti-dilutive restricted stock units— 
Total—