Earnings Per Share

12 Months Ended

Dec. 29, 2019

Basic earnings per share was computed by dividing net income by the weighted-average number of common shares outstanding during the period less restricted unvested shares. Diluted earnings per share was computed by dividing net income by the weighted-average number of common shares outstanding plus all potentially dilutive common stock equivalents, primarily shares issuable upon the exercise of stock options using the treasury stock method. The following table reconciles the number of shares utilized in the earnings per share calculations for the fiscal years ended:



	December 29, 2019	December 30, 2018	December 31, 2017
	(In thousands)
Number of common shares—basic	110,827	110,561	109,857
Effect of dilutive securities:
Stock options	541	761	708
Restricted stock awards	133	212	294
Number of common shares—diluted	111,501	111,534	110,859
Number of potentially dilutive securities excluded from calculation due to antidilutive impact	364	349	287

Antidilutive securities include outstanding stock options with exercise prices and average unrecognized compensation cost in excess of the average fair market value of common stock for the related period. Antidilutive options were excluded from the calculation of diluted net income per share and could become dilutive in the future.