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NET INCOME PER SHARE
 12 Months Ended
Jan. 02, 2016
NET INCOME PER SHARE  
NET INCOME PER SHARE

 

NOTE 8NET INCOME PER SHARE

 

The following table sets forth the numerator and denominator used in the computation of net income per share:

 

 

 

Year Ended

 

 

 

January 2,

 

January 3,

 

December 28,

 

(In thousands, except per share data)

 

2016

 

2015

 

2013

 

Net income attributable to Newport Corporation

 

$
31,121 

 

$
35,058 

 

$
15,601 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares:

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 
39,221 

 
39,750 

 
39,010 

 

Dilutive potential common shares, using treasury stock method

 
609 

 
778 

 
548 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - diluted

 
39,830 

 
40,528 

 
39,558 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per share attributable to Newport Corporation:

 

 

 

 

 

 

 

Basic

 

$
0.79 

 

$
0.88 

 

$
0.40 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted

 

$
0.78 

 

$
0.87 

 

$
0.39 

 

 

 

 

 

 

 

 

 

 

 

 

 

For 2015, 2014 and 2013, 1.0 million, 0.6 million and 1.3 million stock options and/or stock appreciation rights, respectively, were excluded from the computations of diluted net income per share, as their exercise prices (or base values) exceeded the average market price of the Company’s common stock during such periods, and their inclusion would have been antidilutive.