Net Income Per Share

3 Months Ended

Mar. 30, 2019

Earnings Per Share [Abstract]

Net Income Per Share

Note 12. Net Income Per Share

The Company presents both basic and diluted net income per share on the face of its condensed consolidated statements of operations. Basic net income per share excludes the effect of potentially dilutive shares and is computed by dividing net income by the weighted-average number of shares of common stock outstanding for the period. Diluted net income per share is computed using the weighted-average number of shares of common stock outstanding for the period plus the effect of all dilutive securities representing potential shares of common stock outstanding during the period.

A reconciliation of the share denominator of the basic and diluted net income per share computations for three months ended March 30, 2019 and March 31, 2018 is as follows (in thousands):

	Three Month Ended
	March 30, 2019		March 31, 2018
Weighted average common shares outstanding used in basic net income per share calculation		24,474		24,063
Potential dilutive common stock equivalents, using treasury stock method		309		420
Weighted average shares used in diluted net income per share calculation		24,783		24,483