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Earnings Per Share (Tables)
9 Months Ended
Oct. 01, 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

 

Nine Months Ended

 

 

 

October 1,
2016

 

October 3,
2015

 

October 1,
2016

 

October 3,
2015

 

Net income

 

$

20,018

 

$

9,975

 

$

41,385

 

$

23,928

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares used in computing basic earnings per share

 

41,614

 

42,331

 

41,673

 

42,522

 

 

 

 

 

 

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

Stock options and other stock-based awards

 

693

 

464

 

590

 

613

 

 

 

 

 

 

 

 

 

 

 

Shares used in computing diluted earnings per share

 

42,307

 

42,795

 

42,263

 

43,135

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share:

 

 

 

 

 

 

 

 

 

Basic

 

$

0.48

 

$

0.24

 

$

0.99

 

$

0.56

 

Diluted

 

$

0.47

 

$

0.23

 

$

0.98

 

$

0.55