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Net Income Per Share (Tables)
9 Months Ended
Oct. 03, 2021
Earnings Per Share [Abstract]  
Schedule of Net Income Per Share

Net income per share for the three and nine months ended October 3, 2021 and September 27, 2020 were as follows:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

October 3,

2021

 

 

September 27,

2020

 

 

October 3,

2021

 

 

September 27,

2020

 

 

 

(In thousands, except per share data)

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

9,584

 

 

$

25,535

 

 

$

50,378

 

 

$

27,345

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares - basic

 

 

30,301

 

 

 

30,037

 

 

 

30,495

 

 

 

29,746

 

Potentially dilutive common share equivalent

 

 

497

 

 

 

704

 

 

 

861

 

 

 

595

 

Weighted average common shares - dilutive

 

 

30,798

 

 

 

30,741

 

 

 

31,356

 

 

 

30,341

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net income per share

 

$

0.32

 

 

$

0.85

 

 

$

1.65

 

 

$

0.92

 

Diluted net income per share

 

$

0.31

 

 

$

0.83

 

 

$

1.61

 

 

$

0.90

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive employee stock-based awards, excluded

 

 

1,036

 

 

 

1,221

 

 

 

389

 

 

 

1,175