Net Income Per Share

3 Months Ended

Mar. 28, 2018

NET INCOME PER SHARE

Basic net income per share is calculated using the weighted-average number of shares of common stock outstanding during the thirteen weeks ended March 28, 2018 and March 29, 2017. Diluted net income per share is calculated using the weighted-average number of shares of common stock outstanding and potentially dilutive during the period, using the treasury stock method.

Below are basic and diluted net income per share data for the periods indicated, which are in thousands except for per share data.



	Thirteen Weeks Ended
	March 28, 2018		March 29, 2017
Numerator:
Net income	$	2,529	$	4,877
Denominator:
Weighted-average shares outstanding—basic	38,465,208		38,437,020
Weighted-average shares outstanding—diluted	38,987,351		39,079,007
Net income per share—basic	$	0.07	$	0.13
Net income per share—diluted	$	0.06	$	0.12
Anti-dilutive securities not considered in diluted EPS calculation	652,871		468,705

Below is a reconciliation of basic and diluted share counts.



	Thirteen Weeks Ended
	March 28, 2018	March 29, 2017
Weighted-average shares outstanding— basic	38,465,208	38,437,020
Dilutive effect of stock options and restricted shares	522,143	641,987
Weighted-average shares outstanding— diluted	38,987,351	39,079,007