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8. |
NET INCOME PER COMMON SHARE |
Net income per common share calculated for the third quarter and nine months of 2019 and 2018 is as follows:
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Third Quarter Ended |
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Nine Months Ended |
(thousands except per share data) |
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September 29, 2019 |
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September 30, 2018 |
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September 29, 2019 |
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September 30, 2018 |
Net income for basic and diluted per share calculation |
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$ |
21,317 |
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$ |
27,934 |
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|
$ |
69,582 |
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$ |
92,862 |
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Weighted average common shares outstanding - basic |
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23,076 |
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|
23,894 |
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|
23,073 |
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|
24,279 |
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Effect of potentially dilutive securities |
|
197 |
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|
338 |
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|
206 |
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|
340 |
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Weighted average common shares outstanding - diluted |
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23,273 |
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|
24,232 |
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|
23,279 |
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|
24,619 |
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Basic net income per common share |
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$ |
0.92 |
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$ |
1.17 |
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$ |
3.02 |
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$ |
3.82 |
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Diluted net income per common share |
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$ |
0.92 |
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$ |
1.15 |
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$ |
2.99 |
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$ |
3.77 |
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