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Earnings Per Share (Tables)
6 Months Ended
Jul. 04, 2015
Earnings Per Share  
Schedule of computation of basic and diluted earnings per share

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share data):

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

July 4,
2015

 

June 28,
2014

 

July 4,
2015

 

June 28,
2014

 

Net income

 

$

7,575

 

$

14,279

 

$

13,953

 

$

22,389

 

 

 

 

 

 

 

 

 

 

 

Shares used in computing basic earnings per share

 

42,823

 

43,462

 

42,617

 

43,271

 

 

 

 

 

 

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

Stock options and other stock-based awards

 

638

 

756

 

688

 

866

 

Shares used in computing diluted earnings per share

 

43,461

 

44,218

 

43,305

 

44,137

 

 

 

 

 

 

 

 

 

 

 

Earnings per share:

 

 

 

 

 

 

 

 

 

Basic

 

$

0.18

 

$

0.33

 

$

0.33

 

$

0.52

 

Diluted

 

$

0.17

 

$

0.32

 

$

0.32

 

$

0.51