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Earnings Per Share (Tables)
6 Months Ended
Jul. 02, 2016
Earnings Per Share  
Schedule of computation of basic and diluted 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

 

 

 

July 2,
2016

 

July 4,
2015

 

July 2,
2016

 

July 4,
2015

 

Net income

 

$

15,559

 

$

7,575

 

$

21,367

 

$

13,953

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares used in computing basic earnings per share

 

41,775

 

42,823

 

41,702

 

42,617

 

 

 

 

 

 

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

Stock options and other stock-based awards

 

509

 

638

 

540

 

688

 

 

 

 

 

 

 

 

 

 

 

Shares used in computing diluted earnings per share

 

42,284

 

43,461

 

42,242

 

43,305

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share:

 

 

 

 

 

 

 

 

 

Basic

 

$

0.37

 

$

0.18

 

$

0.51

 

$

0.33

 

Diluted

 

$

0.37

 

$

0.17

 

$

0.51

 

$

0.32