Earnings Per Share

3 Months Ended

Mar. 28, 2020

Basic earnings per share (“EPS”) is computed by dividing net income by the weighted average number of common shares outstanding for the period. Diluted EPS is computed by dividing net income by the weighted average common shares outstanding for the period and includes the dilutive impact of potential new common shares issuable upon vesting and exercise of stock options and vesting of restricted stock units. Potential shares of common stock are excluded from the computation of diluted EPS if their effect is anti-dilutive. A reconciliation of the numerators and denominators of the basic and diluted EPS calculations is as follows:



	Three Months Ended
In thousands, except EPS	March 28, 2020		March 30, 2019
Net income	$	9,742	$	17,429
Weighted average shares outstanding for basic EPS	80,129		78,205
Effect of dilutive securities:
Stock options	2,020		3,221
Restricted stock	93		40
Weighted average shares outstanding for diluted EPS	82,242		81,466
Basic EPS	$	0.12	$	0.22
Diluted EPS	$	0.12	$	0.21
Anti-dilutive options, RSUs outstanding excluded from EPS	394		356