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Earnings Per Share (Tables)
6 Months Ended
Jul. 01, 2017
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 1,
2017

 

July 2,
2016

 

July 1,
2017

 

July 2,
2016

 

Net income

 

$

16,569

 

$

15,559

 

$

31,995

 

$

21,367

 

 

 

 

 

 

 

 

 

 

 

Shares used in computing basic earnings per share

 

42,478

 

41,775

 

42,287

 

41,702

 

 

 

 

 

 

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

Stock options and other stock-based awards

 

700

 

509

 

817

 

540

 

Shares used in computing diluted earnings per share

 

43,178

 

42,284

 

43,104

 

42,242

 

 

 

 

 

 

 

 

 

 

 

Earnings per share:

 

 

 

 

 

 

 

 

 

Basic

 

$

0.39

 

$

0.37

 

$

0.76

 

$

0.51

 

Diluted

 

$

0.38

 

$

0.37

 

$

0.74

 

$

0.51