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Net Income Per Share
 3 Months Ended
Jul. 03, 2016
Earnings Per Share [Abstract]  
Net Income Per Share

Note 7.Net Income Per Share

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

 

 

 

Three Months Ended

 

 

 

July 3,

2016

 

 

June 28,

2015

 

 

 

(In thousands, except per share amounts)

 

Net income

 

$

18,283

 

 

$

2,556

 

Shares:

 

 

 

 

 

 

 

 

Weighted-average shares outstanding — basic

 

 

83,431

 

 

 

87,334

 

Dilutive potential common shares, using treasury stock method

 

 

1,111

 

 

 

1,580

 

Weighted-average shares outstanding — diluted

 

 

84,542

 

 

 

88,914

 

Net income per share:

 

 

 

 

 

 

 

 

Basic

 

$

0.22

 

 

$

0.03

 

Diluted

 

$

0.22

 

 

$

0.03

 

 

Stock-based awards, including stock options and restricted stock units, representing 5.0 million and 6.1 million shares of common stock have been excluded from the diluted per share calculations for the three months ended July 3, 2016 and June 28, 2015, respectively.  These stock-based awards have been excluded from the diluted per share calculations because their effect would have been antidilutive.