Net Income Per Share

3 Months Ended

Apr. 04, 2025

Note 4: Net Income Per Share

Basic per share amounts are computed using the weighted-average number of shares of common stock outstanding during the period. Diluted per share amounts are calculated using the weighted-average number of shares of common stock outstanding during the period and, when dilutive, the weighted-average number of potential shares of common stock from the issuance of common stock to satisfy outstanding restricted stock units and the exercise of outstanding options to purchase common stock using the treasury stock method.

The following schedule reconciles the shares used to calculate basic and diluted net income per share:


	Three Months Ended
(In thousands)	April 4, 2025		March 29, 2024
Shares used in basic per share computation		51,283		51,006
Effect of dilutive common stock options outstanding		103		164
Effect of dilutive restricted stock units outstanding		264		249
Shares used in diluted per share computation		51,650		51,419

Common stock options to purchase 100,833 shares were excluded from the diluted per share calculation for the three months ended April 4, 2025 due to their anti-dilutive effect. Common stock options to purchase 100,833 shares were excluded from the diluted per share calculation for the three months ended March 29, 2024 due to their anti-dilutive effect.