Net Income Per Share (Tables)

6 Months Ended

Jul. 02, 2022

Earnings Per Share [Abstract]

Schedule of earnings per share

The following table presents the calculation of basic and diluted net income per share (in thousands, except per share data):

	Fiscal Quarter Ended				Fiscal Year-to-Date Period Ended
	July 2, 2022		July 3, 2021		July 2, 2022		July 3, 2021
Numerator:
Net income — basic	$	11,643	$	11,566	$	23,069	$	22,067
Less: net income attributable to participating shares	48		51		95		97
Net income — diluted	$	11,595	$	11,515	$	22,974	$	21,970
Denominator:
Weighted average shares outstanding — basic	7,263		7,320		7,311		7,473
Effect of dilutive stock options and restricted stock units	117		219		131		212
Weighted average shares outstanding — diluted	7,380		7,539		7,442		7,685
Net income per share:
Basic	$	1.60	$	1.57	$	3.15	$	2.94
Diluted	$	1.57	$	1.53	$	3.09	$	2.86