Earnings Per Share

6 Months Ended

Jun. 28, 2014

Earnings Per Share

Earnings Per Share

2. Earnings Per Share

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

	Three Months Ended				Six Months Ended
	June 28, 2014		June 29, 2013		June 28, 2014		June 29, 2013
Net income	$	14,279	$	12,612	$	22,389	$	32,646
Shares used in computing basic earnings per share	43,462		42,552		43,271		42,370
Effect of dilutive securities:
Stock options and other stock-based awards	756		717		866		821
Shares used in computing diluted earnings per share	44,218		43,269		44,137		43,191
Earnings per share:
Basic	$	0.33	$	0.30	$	0.52	$	0.77
Diluted	$	0.32	$	0.29	$	0.51	$	0.76

For the three months ended June 28, 2014 and June 29, 2013 and the six months ended June 28, 2014 and June 29, 2013, approximately 0.1 million, 0.5 million, 0.2 million and 0.4 million shares, respectively, were not included in the diluted earnings per share calculation since the shares were anti-dilutive.