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Earnings Per Share
 3 Months Ended
Apr. 04, 2015
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

 

 

 

April 4,
2015

 

March 29,
 2014

 

Net income

 

$
6,378 

 

$
8,110 

 

 

 

 

 

 

 

Shares used in computing basic earnings per share

 
42,412 

 
43,081 

 

 

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

 

Stock options and other stock-based awards

 
737 

 
975 

 

Shares used in computing diluted earnings per share

 
43,149 

 
44,056 

 

 

 

 

 

 

 

Earnings per share:

 

 

 

 

 

Basic

 

$
0.15 

 

$
0.19 

 

Diluted

 

$
0.15 

 

$
0.18 

 

 

For the three months ended April 4, 2015 and March 29, 2014, approximately 0.1 million and 0.2 million shares, respectively, were not included in the diluted earnings per share calculation since the shares were anti-dilutive.