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Net Income Per Common Share (Tables)
9 Months Ended
Oct. 03, 2020
Earnings Per Share [Abstract]  
Calculation of EPS and Reconciliation of Weighted Average Common Shares Used in Calculation of Basic and Diluted EPS

The table below presents the calculation of EPS and a reconciliation of weighted average common shares used in the calculation of basic and diluted EPS:

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

October 3,

 

 

September 28,

 

 

October 3,

 

 

September 28,

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

(in thousands, except per share amounts)

 

Net income

$

17,322

 

 

$

15,106

 

 

$

35,121

 

 

$

40,408

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares - Basic

 

58,963

 

 

 

58,433

 

 

 

58,858

 

 

 

58,320

 

Add:  Dilutive shares from equity plans

 

479

 

 

 

709

 

 

 

433

 

 

 

872

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares - Diluted

 

59,442

 

 

 

59,142

 

 

 

59,291

 

 

 

59,192

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.29

 

 

$

0.26

 

 

$

0.60

 

 

$

0.69

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted

$

0.29

 

 

$

0.26

 

 

$

0.59

 

 

$

0.68