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Net Income Per Share
 3 Months Ended
Apr. 02, 2017
Earnings Per Share [Abstract]  
Net Income Per Share
Net Income Per Share

Basic net income per share is computed by dividing the net income for the period by the weighted average number of common shares outstanding during the period. Diluted net income per share is computed by dividing the net income for the period by the weighted average number of shares of common stock and potentially dilutive common stock outstanding during the period. Potentially dilutive common shares include common shares issuable upon exercise of stock options, vesting of restricted stock awards, and issuances of shares under the Employee Stock Purchase Plan (the "ESPP"), which are reflected in diluted net income per share by application of the treasury stock method.
Net income per share for the three months ended April 2, 2017 and April 3, 2016 are as follows:
 
Three Months Ended
 
April 2,
2017
 
April 3,
2016
 
(In thousands, except per share data)
Numerator:
 
 
 
Net income
$
15,994

 
$
16,589

 
 
 
 
Denominator:
 
 
 
Weighted average common shares - basic
32,944

 
32,519

Potentially dilutive common share equivalent
1,192

 
750

Weighted average common shares - dilutive
$
34,136

 
$
33,269

 
 
 
 
Basic net income per share
$
0.49

 
$
0.51

Diluted net income per share
$
0.47

 
$
0.50

 
 
 
 
Anti-dilutive employee stock-based awards, excluded
70

 
486