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8. |
NET INCOME PER COMMON SHARE |
Net income per common share calculated for the first quarter of 2020 and 2019 is as follows:
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First Quarter Ended |
(thousands except per share data) |
|
March 29, 2020 |
|
March 31, 2019 |
Net income for basic and diluted per share calculation |
|
$ |
21,187 |
|
|
$ |
20,849 |
|
Weighted average common shares outstanding - basic |
|
23,016 |
|
|
23,039 |
|
Effect of potentially dilutive securities |
|
251 |
|
|
209 |
|
Weighted average common shares outstanding - diluted |
|
23,267 |
|
|
23,248 |
|
Basic net income per common share |
|
$ |
0.92 |
|
|
$ |
0.90 |
|
Diluted net income per common share |
|
$ |
0.91 |
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|
$ |
0.90 |
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