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Net Income (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 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

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 24,

 

 

June 30,

 

 

June 24,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

20,179

 

 

$

723

 

 

$

34,520

 

 

$

(2,516

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares used in computation — basic:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares

   outstanding

 

 

33,433

 

 

 

32,565

 

 

 

33,247

 

 

 

32,437

 

Shares used in computation — diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares used in computing basic net income

   (loss) per share

 

 

33,433

 

 

 

32,565

 

 

 

33,247

 

 

 

32,437

 

Dilutive effect of common shares

   outstanding subject to repurchase

 

 

622

 

 

 

184

 

 

 

749

 

 

 

 

Dilutive effect of options outstanding

 

 

9

 

 

 

43

 

 

 

21

 

 

 

 

Weighted average shares used in computing

   diluted net income (loss) per share

 

 

34,064

 

 

 

32,792

 

 

 

34,017

 

 

 

32,437

 

Net income (loss) per share — basic

 

$

0.60

 

 

$

0.02

 

 

$

1.04

 

 

$

(0.08

)

Net income (loss) per share — diluted

 

$

0.59

 

 

$

0.02

 

 

$

1.01

 

 

$

(0.08

)