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Net Income Per Share
9 Months Ended
Sep. 27, 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

 

 

Nine Months Ended

 

(In thousands)

 

September 27,

2019

 

 

September 28,

2018

 

 

September 27,

2019

 

 

September 28,

2018

 

Shares used in basic per share computation

 

 

52,802

 

 

 

53,032

 

 

 

52,694

 

 

 

52,928

 

Effect of dilutive common stock options

   outstanding

 

 

491

 

 

 

441

 

 

 

475

 

 

 

391

 

Effect of dilutive restricted stock units

   outstanding

 

 

709

 

 

 

829

 

 

 

737

 

 

 

862

 

Shares used in diluted per share

   computation

 

 

54,002

 

 

 

54,302

 

 

 

53,906

 

 

 

54,181

 

 

There were no options excluded from the diluted per share calculations for the three and nine months ended September 27, 2019.  There were no options excluded from the diluted per share calculations for the three and nine months ended September 28, 2018.