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Net Income Per Common Share
3 Months Ended
Mar. 30, 2019
Earnings Per Share [Abstract]  
Net Income per Common Share

12. 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

 

 

 

March 30,

2019

 

 

March 31,

2018

 

Net income

 

$

25,418

 

 

$

20,548

 

Reconciliation of weighted-average shares outstanding:

 

 

 

 

 

 

 

 

Basic weighted-average shares outstanding

 

 

30,620

 

 

 

38,244

 

Dilutive effect of stock-based awards

 

 

1,118

 

 

 

1,103

 

Diluted weighted-average shares outstanding

 

 

31,738

 

 

 

39,347

 

Net income per share – basic

 

$

0.83

 

 

$

0.54

 

Net income per share – diluted

 

$

0.80

 

 

$

0.52

 

 

For the three months ended March 30, 2019 and March 31, 2018, anti-dilutive stock-based awards excluded from the diluted net income per share calculations were immaterial.