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Earnings (Loss) Per Share (Tables)
3 Months Ended
Apr. 01, 2023
Earnings (Loss) Per Share  
Schedule of computation of basic and diluted earnings (loss) 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 1,

    

April 2,

2023

2022

Net income

$

13,967

$

22,907

Shares used in computing basic earnings per share

31,959

 

38,003

Effect of dilutive securities:

Convertible debt and stock-based awards

1,794

 

1,520

Shares used in computing diluted earnings per share

33,753

 

39,523

Earnings per share:

Basic

$

0.44

$

0.60

Diluted

$

0.41

$

0.58