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Net Income Per Share (Tables)
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Basic and Diluted Net Income (loss) Per Share

The following is a reconciliation of the numerators and denominators used in computing basic and diluted net income (loss) per share (in thousands, except per share data):

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

March 25,

 

 

 

2017

 

 

2016

 

Numerator:

 

 

 

 

 

 

 

 

Net income (loss)

 

$

14,341

 

 

$

(3,239

)

Denominator:

 

 

 

 

 

 

 

 

Shares used in computation — basic:

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

33,061

 

 

 

32,309

 

Shares used in computation — diluted:

 

 

 

 

 

 

 

 

Shares used in computing basic net income (loss) per share

 

 

33,061

 

 

 

32,309

 

Dilutive effect of common shares outstanding

   subject to repurchase

 

 

793

 

 

 

 

Dilutive effect of options outstanding

 

 

11

 

 

 

 

Weighted average shares used in computing diluted

   net income (loss) per share

 

 

33,865

 

 

 

32,309

 

Net income (loss) per share — basic

 

$

0.43

 

 

$

(0.10

)

Net income (loss) per share — diluted

 

$

0.42

 

 

$

(0.10

)