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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 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

 

Nine Months Ended

 

 

 

September 30,
2017

 

October 1,
2016

 

September 30,
2017

 

October 1,
2016

 

Net income

 

$

19,949

 

$

20,018

 

$

51,944

 

$

41,385

 

 

 

 

 

 

 

 

 

 

 

Shares used in computing basic earnings per share

 

42,553

 

41,614

 

42,376

 

41,673

 

 

 

 

 

 

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

Stock options and other stock-based awards

 

821

 

693

 

818

 

590

 

Shares used in computing diluted earnings per share

 

43,374

 

42,307

 

43,194

 

42,263

 

 

 

 

 

 

 

 

 

 

 

Earnings per share:

 

 

 

 

 

 

 

 

 

Basic

 

$

0.47

 

$

0.48

 

$

1.23

 

$

0.99

 

Diluted

 

$

0.46

 

$

0.47

 

$

1.20

 

$

0.98