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Net Income Per Share (Tables)
3 Months Ended
Apr. 01, 2018
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):

 

 

 

Thirteen Weeks Ended

 

 

 

April 1,

2018

 

 

April 2,

2017

 

Basic net income per share:

 

 

 

 

 

 

 

 

Net income

 

$

66,624

 

 

$

46,287

 

Weighted average shares outstanding

 

 

132,423

 

 

 

137,069

 

Basic net income per share

 

$

0.50

 

 

$

0.34

 

Diluted net income per share:

 

 

 

 

 

 

 

 

Net income

 

$

66,624

 

 

$

46,287

 

Weighted average shares outstanding - basic

 

 

132,423

 

 

 

137,069

 

Dilutive effect of equity-based awards:

 

 

 

 

 

 

 

 

Assumed exercise of options to purchase shares

 

 

807

 

 

 

2,962

 

RSUs

 

 

221

 

 

 

62

 

RSAs

 

 

160

 

 

 

19

 

PSAs

 

 

141

 

 

 

35

 

Weighted average shares and equivalent

   shares outstanding

 

 

133,752

 

 

 

140,147

 

Diluted net income per share

 

$

0.50

 

 

$

0.33