Net Income Per Common Share

6 Months Ended

Jul. 04, 2015

Earnings Per Share [Abstract]

Net Income per Common Share

Net Income per Common Share

The components of basic and diluted net income per share are as follows (in thousands, except per share amounts):

	Three Months Ended				Six Months Ended
	July 4, 2015		June 28, 2014		July 4, 2015		June 28, 2014
Net income	$	11,038	$	8,481	$	39,837	$	25,473
Reconciliation of weighted-average shares outstanding:
Basic weighted-average shares outstanding	51,672		53,648		52,009		53,880
Dilutive effect of stock-based awards	872		676		926		690
Diluted weighted-average shares outstanding	52,544		54,324		52,935		54,570
Net income per share – basic	$	0.21	$	0.16	$	0.77	$	0.47
Net income per share – diluted	$	0.21	$	0.16	$	0.75	$	0.47

Anti-dilutive stock-based awards excluded from the calculations of diluted net income per share calculations were immaterial for the periods presented.