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Net Income Per Common Share
9 Months Ended
Sep. 29, 2018
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
 
Nine Months Ended
 
September 29,
2018
 
September 30,
2017
 
September 29,
2018
 
September 30,
2017
Net income
$
18,257

 
$
25,603

 
$
42,549

 
$
49,286

 
 
 
 
 
 
 
 
Reconciliation of weighted-average shares outstanding:
 
 
 

 
 
 
 
Basic weighted-average shares outstanding
34,231

 
40,755

 
36,204

 
41,740

Dilutive effect of stock-based awards
808

 
760

 
873

 
819

Diluted weighted-average shares outstanding
35,039

 
41,515

 
37,077

 
42,559

 
 
 
 
 
 
 
 
Net income per share – basic
$
0.53

 
$
0.63

 
$
1.18

 
$
1.18

Net income per share – diluted
$
0.52

 
$
0.62

 
$
1.15

 
$
1.16


For the three and nine months ended September 29, 2018 and September 30, 2017, anti-dilutive stock-based awards excluded from the diluted net income per share calculations were immaterial.