Earnings Per Share
 6 Months Ended
Jul. 01, 2022
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 EndedSix Months Ended
July 1,July 2,July 1,July 2,
(In thousands, except per share data)2022202120222021
Net income $10,472 $15,934 $13,327 $27,982 
Weighted average common shares outstanding11,826 11,715 11,793 11,681 
Add: Dilutive impact of stock options18 37 22 40 
Add: Dilutive impact of restricted stock units110 76 102 102 
Diluted weighted average common shares outstanding11,954 11,828 11,917 11,823 
Earnings per share
Basic$0.89 $1.36 $1.13 $2.40 
Diluted$0.88 $1.35 $1.12 $2.37 
The following table summarizes the weighted average of anti-dilutive securities excluded from the diluted earnings per share calculation.
Three Months EndedSix Months Ended
July 1,July 2,July 1,July 2,
(In thousands)2022202120222021
Anti-dilutive restricted stock units25 5 15 2