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Earnings Per Share
3 Months Ended
Apr. 02, 2016
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 2,
2016

 

April 4,
2015

 

Net income

 

$

5,808

 

$

6,378

 

 

 

 

 

 

 

Shares used in computing basic earnings per share

 

41,629

 

42,412

 

 

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

 

Stock options and other stock-based awards

 

570

 

737

 

Shares used in computing diluted earnings per share

 

42,199

 

43,149

 

 

 

 

 

 

 

Earnings per share:

 

 

 

 

 

Basic

 

$

0.14

 

$

0.15

 

Diluted

 

$

0.14

 

$

0.15

 

 

For the three months ended April 2, 2016 and April 4, 2015, approximately 0.8 million and 0.1 million shares, respectively, were not included in the diluted earnings per share calculation since the shares were anti-dilutive.