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. Potentially dilutive common shares are excluded from the computation of diluted net income per share when their effect is anti-dilutive.

Net income per share for the three months ended March 31, 2019 and April 1, 2018 are as follows:



	Three Months Ended
	March 31, 2019		April 1, 2018
	(In thousands, except per share data)
Numerator:
Net income from continuing operations	$	12,843	$	1,018
Net income from discontinued operations	—		4,572
Net income	$	12,843	$	5,590

Denominator:
Weighted average common shares - basic	31,483		31,427
Potentially dilutive common share equivalent	1,391		1,233
Weighted average common shares - dilutive	32,874		32,660

Basic net income per share
Net income from continuing operations	$	0.41	$	0.03
Net income from discontinued operations	—		0.15
Net income	$	0.41	$	0.18

Diluted net income per share
Net income from continuing operations	$	0.39	$	0.03
Net income from discontinued operations	—		0.14
Net income	$	0.39	$	0.17

Anti-dilutive employee stock-based awards, excluded	507		773