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Net Income Per Share (Tables)
9 Months Ended
Sep. 29, 2019
Earnings Per Share [Abstract]  
Schedule of Net Income Per Share
Net income per share for the three and nine months ended September 29, 2019 and September 30, 2018 are as follows:
 
Three Months Ended
 
Nine Months Ended
 
September 29,
2019
 
September 30,
2018
 
September 29,
2019
 
September 30,
2018
 
(In thousands, except per share data)
Numerator:
 
 
 
 
 
 
 
Net income from continuing operations
$
12,529

 
$
16,310

 
$
26,211

 
$
17,861

Net loss from discontinued operations

 
(7,160
)
 

 
(8,351
)
Net income
12,529

 
9,150

 
26,211

 
9,510

Less: Net loss attributable to non-controlling interest in discontinued operations

 
(799
)
 

 
(799
)
Net income attributable to NETGEAR, Inc.
$
12,529

 
$
9,949

 
$
26,211

 
$
10,309

 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Weighted average common shares - basic
30,933

 
31,802

 
31,221

 
31,634

Potentially dilutive common share equivalent
886

 
1,172

 
1,106

 
1,192

Weighted average common shares - dilutive
31,819

 
32,974

 
32,327

 
32,826

 
 
 
 
 
 
 
 
Basic net income per share
 
 
 
 
 
 
 
Net income from continuing operations
$
0.41

 
$
0.51

 
$
0.84

 
$
0.56

Net loss from discontinued operations attributable to NETGEAR, Inc.

 
(0.20
)
 

 
(0.23
)
Net income attributable to NETGEAR, Inc.
$
0.41

 
$
0.31

 
$
0.84

 
$
0.33

 
 
 
 
 
 
 
 
Diluted net income per share
 
 
 
 
 
 
 
Net income from continuing operations
$
0.39

 
$
0.49

 
$
0.81

 
$
0.54

Net loss from discontinued operations attributable to NETGEAR, Inc.

 
(0.19
)
 

 
(0.23
)
Net income attributable to NETGEAR, Inc.
$
0.39

 
$
0.30

 
$
0.81

 
$
0.31

 
 
 
 
 
 
 
 
Anti-dilutive employee stock-based awards, excluded
1,587

 
450

 
625

 
874