Net Income per Common Share

3 Months Ended

Apr. 02, 2022

Earnings Per Share [Abstract]

Net Income per Common Share

Net Income per Common ShareThe components of basic and diluted net income per share were as follows (in thousands, except per share amounts):

	Three Months Ended
	April 2, 2022		April 3, 2021
Net income	$	2,074	$	66,634
Reconciliation of weighted-average shares outstanding:
Basic weighted-average shares outstanding	22,760		25,377
Dilutive effect of stock-based awards	831		1,167
Diluted weighted-average shares outstanding	23,591		26,544
Net income per share – basic	$	0.09	$	2.63
Net income per share – diluted	$	0.09	$	2.51

For the three months ended April 2, 2022 and April 3, 2021, anti-dilutive stock-based awards excluded from the diluted net income per share calculations were immaterial.