Net Income Per Share

3 Months Ended

Jun. 28, 2015

Basic net income per share is computed using the weighted-average number of common shares outstanding during the period. Diluted net income per share is computed using the weighted-average number of common and dilutive potential common shares outstanding during the period. Potential common shares include employee stock options and restricted stock units. For purposes of computing diluted net income per share, weighted average potential common shares do not include potential common shares that are anti-dilutive under the treasury stock method.

The following table sets forth the computation of basic and diluted net income per share from continuing operations:



	Three Months Ended
(in thousands, except per share amounts)	June 28, 2015		June 29, 2014
Numerator (basic and diluted):
Net income from continuing operations	$	38,720	$	17,111

Denominator:
Weighted average common shares outstanding, basic	148,396		149,283
Dilutive effect of employee stock options and restricted stock units	5,362		4,458
Weighted average common shares outstanding, diluted	153,758		153,741

Basic net income per share from continuing operations	$	0.26	$	0.11
Diluted net income per share from continuing operations	$	0.25	$	0.11

Potential dilutive common shares of 0.3 million and 0.7 million pertaining to employee stock options and restricted stock units were excluded from the calculation of diluted earnings per share for the three months ended June 28, 2015 and June 29, 2014, respectively, because the effect would have been anti-dilutive.