Net Income Per Share

3 Months Ended

Mar. 29, 2019

Earnings Per Share [Abstract]

Net Income Per Share

Note 4: Net Income Per Share

Basic per share amounts are computed using the weighted-average number of common shares outstanding during the period. Diluted per share amounts are calculated using the weighted-average number of common shares outstanding during the period and, when dilutive, the weighted-average number of potential common shares 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)	March 29, 2019		March 30, 2018
Shares used in basic per share computation		52,536		52,744
Effect of dilutive common stock options outstanding		455		322
Effect of dilutive restricted stock units outstanding		823		946
Shares used in diluted per share computation		53,814		54,012

Common stock options to purchase 24,176 shares were excluded from the diluted per share calculation for the three months ended March 29, 2019 due to their antidilutive effect. The weighted-average exercise price for the antidilutive shares was $54.95 for the three months ended March 29, 2019. There were no options excluded from the diluted per share calculations for the three months ended March 30, 2018.