Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.20.2
Earnings Per Share (Tables)
6 Months Ended
Jun. 25, 2020
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Share
The following table shows the computation of basic and diluted earnings per share:
Thirteen Weeks Ended Twenty-six Weeks Ended
in thousands, except per share data June 25, 2020 June 27, 2019 June 25, 2020 June 27, 2019
Net income $ 32,004    $ 43,596    $ 69,067    $ 74,316   
Basic weighted average shares outstanding 102,114    98,642    101,872    98,214   
Dilutive effect of share-based awards 3,352    6,198    3,604    6,392   
Diluted weighted average shares outstanding 105,466    104,840    105,476    104,606   
Basic earnings per share $ 0.31    $ 0.44    $ 0.68    $ 0.76   
Diluted earnings per share $ 0.30    $ 0.42    $ 0.65    $ 0.71   
Schedule of Share-Based Awards Excluded from Computation of Dilutive Earnings Per Share
The following share-based awards have been excluded from the computation of dilutive earnings per share because their effect would be anti-dilutive:
Thirteen Weeks Ended Twenty-six Weeks Ended
in thousands June 25, 2020 June 27, 2019 June 25, 2020 June 27, 2019
Stock options 591    1,011    599    1,003   
Restricted stock 260    —    260    —   
Restricted stock units 106    —    106    —