Net Income Per Share

3 Months Ended

Apr. 02, 2021

Net income per share - basic and diluted, were computed as follows (in thousands, except per share amounts):


	Three Months Ended March 31,
		2021		2020
Numerator:
Net income		$	1,601	$	48,612
Denominator:
Weighted-average common shares outstanding — basic		312,473		305,388
Dilutive securities		8,814		10,451
Weighted-average common shares outstanding — diluted		321,287		315,839

Net income per share — basic		$	0.01	$	0.16
Net income per share — diluted		$	0.00	$	0.15

Dilutive securities included outstanding stock options and PSOs, unvested RSUs and PSUs and ESPP contributions.

Certain potential common shares were excluded from our calculation of weighted-average common shares outstanding - diluted because either they would have had an anti-dilutive effect on net income per share or they were related to shares from PSUs that were contingently issuable and the contingency had not been satisfied at the end of the reporting period. The weighted-average potential common shares excluded from our calculation were as follows (in thousands):


	Three Months Ended March 31,
		2021	2020
Anti-dilutive securities and contingently issuable shares excluded		10,007	12,014