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Earnings Per Share
12 Months Ended
Jan. 03, 2015
Earnings Per Share  
Earnings Per Share

3. Earnings Per Share

        The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share data):

                                                                                                                                                                                    

 

 

Year Ended

 

 

 

January 3,
2015

 

December 28,
2013

 

December 29,
2012

 

Net income

 

$

38,021 

 

$

49,819 

 

$

63,548 

 

​  

​  

​  

​  

​  

​  

Shares used in computing basic earnings per share

 

 

42,970 

 

 

42,715 

 

 

42,136 

 

Effect of dilutive securities:

 

 


 

 

 


 

 

 


 

 

Stock options and other stock-based awards

 

 

823 

 

 

822 

 

 

970 

 

​  

​  

​  

​  

​  

​  

Shares used in computing diluted earnings per share

 

 

43,793 

 

 

43,537 

 

 

43,106 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Earnings per share:

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.88 

 

$

1.17 

 

$

1.51 

 

Diluted

 

$

0.87 

 

$

1.14 

 

$

1.47 

 

        For fiscal years ended January 3, 2015, December 28, 2013 and December 29, 2012, approximately 0.1 million, 0.4 million and 0.5 million shares, respectively, were not included in the diluted earnings per share calculation since the shares were anti-dilutive.