Net Income Per Share (Tables)

12 Months Ended

Jan. 02, 2022

Earnings Per Share [Abstract]

Summary of Reconciliation of Numerators and Denominators of Basic and Diluted Net Income Per Share

A reconciliation of the numerators and denominators of the basic and diluted net income per share calculations is as follows (in thousands, except per share amounts):

	Year Ended
	January 2, 2022		January 3, 2021		December 29, 2019
Basic net income per share:
Net income	$	244,157	$	287,450	$	149,629
Weighted average shares outstanding		115,377		117,821		119,368
Basic net income per share	$	2.12	$	2.44	$	1.25
Diluted net income per share:
Net income	$	244,157	$	287,450	$	149,629
Weighted average shares outstanding		115,377		117,821		119,368
Dilutive effect of equity-based awards:
Assumed exercise of options to purchase    shares		215		16		52
Restricted Stock Units		390		341		178
Restricted Stock Awards		—		9		55
Performance Share Awards		95		37		89
Weighted average shares and equivalent    shares outstanding		116,077		118,224		119,742
Diluted net income per share	$	2.10	$	2.43	$	1.25