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Net Income Per Common Share (Tables)
9 Months Ended
Sep. 28, 2019
Earnings Per Share [Abstract]  
Components of Basic and Diluted Net Income per Share

The components of basic and diluted net income per share were as follows (in thousands, except per share amounts):

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 28,

2019

 

 

September 29,

2018

 

 

September 28,

2019

 

 

September 29,

2018

 

Net income

 

$

28,054

 

 

$

18,257

 

 

$

57,752

 

 

$

42,549

 

Reconciliation of weighted-average shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average shares outstanding

 

 

29,085

 

 

 

34,231

 

 

 

29,859

 

 

 

36,204

 

Dilutive effect of stock-based awards

 

 

711

 

 

 

808

 

 

 

829

 

 

 

873

 

Diluted weighted-average shares outstanding

 

 

29,796

 

 

 

35,039

 

 

 

30,688

 

 

 

37,077

 

Net income per share – basic

 

$

0.96

 

 

$

0.53

 

 

$

1.93

 

 

$

1.18

 

Net income per share – diluted

 

$

0.94

 

 

$

0.52

 

 

$

1.88

 

 

$

1.15