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Net Income Per Common Share
3 Months Ended
Apr. 02, 2016
Earnings Per Share [Abstract]  
Net Income per Common Share
Net Income per Common Share

The components of basic and diluted net income per share were as follows (in thousands, except per share amounts):
 
Three Months Ended
 
April 2,
2016
 
April 4,
2015
Net income
$
12,969

 
$
28,799

 
 
 
 
Reconciliation of weighted-average shares outstanding:
 
 
 

Basic weighted-average shares outstanding
48,100

 
52,346

Dilutive effect of stock-based awards
745

 
980

Diluted weighted-average shares outstanding
48,845

 
53,326

 
 
 
 
Net income per share – basic
$
0.27

 
$
0.55

Net income per share – diluted
$
0.27

 
$
0.54

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