Net Income Per Share (Tables)

3 Months Ended

Apr. 02, 2022

Earnings Per Share [Abstract]

Summary of Computation of Basic and Diluted Net Income Per Share

The following is a computation of basic and diluted net income per share (amounts in thousands, except per share amounts):

	For the three-month periods ended
	April 2, 2022		April 3, 2021
Numerator:
Net income	$	25,334	$	5,798
Denominator:
Weighted average shares of common stock outstanding (1), basic		184,927		142,123
Net income per share, basic	$	0.14	$	0.04
Weighted average shares of common stock outstanding (1), diluted		185,427		146,266
Net income per share, diluted	$	0.14	$	0.04
Dilutive securities outstanding not included in the computation of diluted net income per share as their effect is antidilutive:
RSUs		4,394		-
PSUs		1,390		-
Stock options		9,347		7,479

(1)The calculation of weighted average shares of common stock outstanding includes all vested deferred restricted stock units.