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Net Income Per Share (Tables)
3 Months Ended
Apr. 03, 2021
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 (dollar amounts in thousands, except per share amounts):

 

 

 

For the Three-Month Periods Ended

 

 

 

April 3, 2021

 

 

March 28, 2020

 

Numerator:

 

 

 

 

 

 

 

 

Net income

 

$

5,798

 

 

$

37,637

 

Denominator:

 

 

 

 

 

 

 

 

Weighted average shares of common stock outstanding (1), basic

 

 

142,122,934

 

 

 

137,468,875

 

Net income per share, basic

 

$

0.04

 

 

$

0.27

 

 

 

 

 

 

 

 

 

 

Weighted average shares of common stock outstanding (1), diluted

 

 

146,266,014

 

 

 

140,330,909

 

Net income per share, diluted

 

$

0.04

 

 

$

0.27

 

Dilutive securities outstanding not included in the computation of diluted net income per share as their effect is antidilutive:

 

 

 

 

 

 

 

 

Stock options

 

 

7,479,384

 

 

 

6,015,548

 

 

 

(1)

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