Basic and Diluted Net Income Per Share

3 Months Ended

Mar. 29, 2019

Note 13 — Basic and Diluted Net Income Per Share

The following table sets forth the computation of basic and diluted net income per share (in thousands except per share amounts):

	Three Months Ended
	March 29, 2019			March 30, 2018
Numerator:
Net income	$	1,367		$	583
Denominator:
Weighted average common shares:
Common shares outstanding		44,246			41,431
Less: Unvested restricted stock		(11	)		(21	)
Denominator for basic calculation		44,235			41,410
Weighted average effects of potentially diluted common stock:
Stock options		2,418			1,396
Unvested restricted stock		252			264
Restricted stock units		8			17
Denominator for diluted calculation		46,913			43,087
Net income per share:
Basic	$	0.03		$	0.01
Diluted	$	0.03		$	0.01

The following table sets forth (in thousands) the weighted average number of options to purchase shares of common stock, restricted stock, and restricted stock units with either exercise prices or unrecognized compensation cost per share greater than the average market price per share of the Company’s common stock, which were not included in the calculation of diluted per share amounts because the effects would be anti-dilutive.

	Three Months Ended
	March 29, 2019		March 30, 2018
Stock options		672		385
Restricted stock and restricted stock units		—		4
Total		672		389