v3.19.3
NET INCOME PER COMMON SHARE (Tables)
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Schedule of earnings per share
Net income per common share calculated for the third quarter and nine months of 2019 and 2018 is as follows:
 
 
Third Quarter Ended
 
Nine Months Ended
(thousands except per share data)
 
September 29, 2019
 
September 30, 2018
 
September 29, 2019
 
September 30, 2018
Net income for basic and diluted per share calculation
 
$
21,317

 
$
27,934

 
$
69,582

 
$
92,862

Weighted average common shares outstanding - basic
 
23,076

 
23,894

 
23,073

 
24,279

Effect of potentially dilutive securities
 
197

 
338

 
206

 
340

Weighted average common shares outstanding - diluted
 
23,273

 
24,232

 
23,279

 
24,619

Basic net income per common share
 
$
0.92

 
$
1.17

 
$
3.02

 
$
3.82

Diluted net income per common share
 
$
0.92

 
$
1.15

 
$
2.99

 
$
3.77