Earnings Per Share (Tables)

6 Months Ended

Jul. 01, 2023

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,		July 2,		July 1,		July 2,
	2023		2022		2023		2022
Net income	$	10,956	$	22,135	$	24,923	$	45,042
Shares used in computing basic earnings per share		31,614		35,722		31,786		36,862
Effect of dilutive securities:
Convertible debt and stock-based awards		1,312		882		1,553		1,201
Shares used in computing diluted earnings per share		32,926		36,604		33,339		38,063
Earnings per share:
Basic	$	0.35	$	0.62	$	0.78	$	1.22
Diluted	$	0.33	$	0.60	$	0.75	$	1.18