Net Income Per Common Share

3 Months Ended

Apr. 01, 2017

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 1, 2017		April 2, 2016
Net income	$	24,461	$	12,969
Reconciliation of weighted-average shares outstanding:
Basic weighted-average shares outstanding	42,750		48,100
Dilutive effect of stock-based awards	962		745
Diluted weighted-average shares outstanding	43,712		48,845
Net income per share – basic	$	0.57	$	0.27
Net income per share – diluted	$	0.56	$	0.27

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