Earnings Per Share [Text Block] |
The following table details the weighted average number of common shares outstanding for the purposes of computing basic and diluted earnings per common share for the following periods: | | | | | | | | | | | | | | | | | | | | Basic weighted average shares outstanding | | | 17,222,439 | | | | 16,807,333 | | | | 17,131,971 | | | | 16,734,117 | | Dilutive stock awards (1) (a) (b)
| | | — | | | | — | | | | — | | | | — | | Diluted weighted average shares outstanding | | | 17,222,439 | | | | 16,807,333 | | | | 17,131,971 | | | | 16,734,117 | | | | Dilutive stock awards include outstanding restricted stock units and in the money stock options determined using the treasury stock method | (a) | For the three and six months ended July
1, 2018, as a result of net loss for the period, dilutive stock awards are not presented as this would be antidilutive. Had there been net income for the periods, the dilutive stock awards would have been calculated as 644,503 and 663,816, respectively for the three and six months ended July 1, 2018 related to outstanding unvested restricted stock units and incremental in-the-money stock options. | (b) | For the three and six months ended July
2, 2017, as a result of net income for the period, dilutive stock awards are not presented as this would be antidilutive. Had there been net income for the periods, the dilutive stock awards have been calculated as 668,701 and 731,961, respectively for the three and six months ended July 2, 2017 related to outstanding unvested restricted stock units and incremental in-the-money stock options. |
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