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Net Income Per Share (Tables)
6 Months Ended
Jul. 02, 2024
Earnings Per Share [Abstract]  
Reconciliation of Basic and Diluted Net (Loss) Income Per Share Computations and Number of Dilutive Equity Awards Included in Dilutive Net (Loss) Income Per Share Computation

The following table presents a reconciliation of basic and diluted net income per share, including the number of dilutive equity awards included in the dilutive net income per share computation (in thousands):

 

 

 

For the Thirteen Weeks Ended

 

 

For the Twenty-Six Weeks Ended

 

 

 

July 2, 2024

 

 

July 4, 2023

 

 

July 2, 2024

 

 

July 4, 2023

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

17,157

 

 

$

11,932

 

 

$

24,880

 

 

$

15,413

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding – basic

 

 

23,309

 

 

 

23,539

 

 

 

23,313

 

 

 

23,510

 

Dilutive effect of equity awards

 

 

612

 

 

 

432

 

 

 

641

 

 

 

451

 

Weighted-average shares outstanding – diluted

 

 

23,921

 

 

 

23,971

 

 

 

23,954

 

 

 

23,961

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.74

 

 

$

0.51

 

 

$

1.07

 

 

$

0.66

 

Diluted

 

$

0.72

 

 

$

0.50

 

 

$

1.04

 

 

$

0.64