Net Income Per Share

3 Months Ended

Apr. 02, 2021

Note 4: Net Income Per Share

Basic per share amounts are computed using the weighted-average number of common shares outstanding during the period. Diluted per share amounts are calculated using the weighted-average number of common shares outstanding during the period and, when dilutive, the weighted-average number of potential common shares from the issuance of common stock to satisfy outstanding restricted stock units and the exercise of outstanding options to purchase common stock using the treasury stock method.

The following schedule reconciles the shares used to calculate basic and diluted net income per share:

	Three Months Ended
(In thousands)	April 2, 2021		April 3, 2020
Shares used in basic per share computation		52,536		52,575
Effect of dilutive common stock options outstanding		236		379
Effect of dilutive restricted stock units outstanding		561		703
Shares used in diluted per share computation		53,333		53,657

Common stock options to purchase 18,742 shares and 22,418 shares were excluded from the diluted per share calculation for the three months ended April 2, 2021 and April 3, 2020, respectively, due to their anti-dilutive effect.