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Net Income Per Share
6 Months Ended
Sep. 28, 2014
Earnings Per Share [Abstract]  
Net Income Per Share

Note 9. Net Income Per Share

The following table sets forth the computation of basic and diluted net income per share:

 

                                                   
     Three Months Ended      Six Months Ended  
     September 28,
2014
     September 29,
2013
     September 28,
2014
     September 29,
2013
 
    

(In thousands, except

per share amounts)

 

Net income

   $ 11,010       $ 10,977       $ 17,010       $ 7,927   
  

 

 

    

 

 

    

 

 

    

 

 

 

Shares:

           

Weighted-average shares outstanding — basic

     87,914         87,430         87,654         88,288   

Dilutive potential common shares, using treasury stock method

     188         239         523         432   
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted-average shares outstanding — diluted

     88,102         87,669         88,177         88,720   
  

 

 

    

 

 

    

 

 

    

 

 

 

Net income per share:

           

Basic

   $ 0.13       $ 0.13       $ 0.19       $ 0.09   
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted

   $ 0.12       $ 0.13       $ 0.19       $ 0.09   
  

 

 

    

 

 

    

 

 

    

 

 

 

Stock-based awards, including stock options and restricted stock units, representing 11.0 million and 11.5 million shares of common stock have been excluded from the diluted per share calculations for the three and six months ended September 28, 2014, respectively, and 15.0 million and 16.1 million shares of common stock have been excluded from the diluted per share calculations for the three and six months ended September 29, 2013, respectively. These stock-based awards have been excluded from the diluted per share calculations because their effect would have been antidilutive.