Net Income per Common Share

3 Months Ended

Apr. 01, 2023

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, 2023		April 2, 2022
Net income	$	11,465	$	2,074
Reconciliation of weighted-average shares outstanding:
Basic weighted-average shares outstanding	22,296		22,760
Dilutive effect of stock-based awards	287		831
Diluted weighted-average shares outstanding	22,583		23,591
Net income per share – basic	$	0.51	$	0.09
Net income per share – diluted	$	0.51	$	0.09

Additional potential dilutive stock-based awards totaling 1.1 million and 0.4 million for the three months ended April 1, 2023 and April 2, 2022, respectively, have been excluded from the diluted net income per share calculations because these stock-based awards were anti-dilutive.