Weighted-Average Shares

9 Months Ended

Oct. 02, 2022

Weighted-average shares were calculated as follows (in thousands):


	Three-months Ended		Nine-months Ended
	October 2, 2022	October 3, 2021	October 2, 2022	October 3, 2021
Basic weighted-average common shares outstanding	173,256	176,812	173,640	176,572
Effect of dilutive equity awards	1,071	3,530	1,593	3,537
Weighted-average common and common-equivalent shares outstanding	174,327	180,342	175,233	180,109

Stock options to purchase 6,167,000 and 3,297,000 shares of common stock, on a weighted-average basis, were outstanding during the three-month and nine-month periods ended October 2, 2022, respectively, and 586,000 and 655,000 for the same periods in 2021, respectively, but were not included in the calculation of dilutive net income per share because they were anti-dilutive. Restricted stock units totaling 607,000 and 26,000 shares of common stock, on a weighted-average basis, were outstanding during the three-month and nine-month periods ended October 2, 2022, respectively, and 1,000 for both the three-month and nine-month periods in 2021, but were not included in the calculation of dilutive net income per share because they were anti-dilutive. PRSUs totaling 33,000 and 0 shares of common stock, on a weighted-average basis, were outstanding during the three-month and nine-month periods ended October 2, 2022, respectively, but were not included in the calculation of dilutive net income per share because they were anti-dilutive. There were no anti-dilutive PRSUs outstanding, on a weighted-average basis, during the three-month and nine-month periods October 3, 2021.