Year Ended

December 30,

December 31,

January 1,

(In thousands, except per share data)

2023

2022

Net income

$

259,061

$

178,882

$

95,922

Shares used in basic Net income per share

137,694

137,321

136,619

Dilutive effect of stock options, RSUs, ESPP shares, and equity awards with a market condition or performance condition

2,096

3,346

5,524

Shares used in diluted Net income per share

139,790

140,667

142,143

Basic Net income per share

$

1.88

$

1.30

$

0.70

Diluted Net income per share

$

1.85

$

1.27

$

0.67