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Basic and Diluted Net Income Per Share (Tables)
3 Months Ended
Mar. 29, 2019
Earnings Per Share [Abstract]  
Summary of Computation of 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

 

Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share

 

 

 

Three Months Ended

 

 

 

March 29,

2019

 

 

March 30,

2018

 

Stock options

 

 

672

 

 

 

385

 

Restricted stock and restricted stock units

 

 

 

 

 

4

 

Total

 

 

672

 

 

 

389