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Net Income Per Share | 12 Months Ended
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Dec. 29, 2018
Earnings Per Share [Abstract] |
Net Income Per Share | Note 11. Net Income Per Share The Company presents both basic and diluted net income per share on the face of its consolidated statements of operations. Basic net income per share excludes the effect of potentially dilutive shares and is computed by dividing net income by the weighted-average number of shares of common stock outstanding for the period. Diluted net income per share is computed using the weighted-average number of shares of common stock outstanding for the period plus the effect to all potentially dilutive common shares outstanding during the period, including contingently issuable shares and certain stock options, calculated using the treasury stock method. A reconciliation of the share denominator of the basic and diluted net income per share computations is as follows (in thousands):
|  | Years Ended |
|  | December 29, 2018 |  |  | December 30, 2017 |  |  | December 31, 2016 |
Weighted average common shares outstanding used in basic net income per share calculation |  |  | 24,120 |  |  |  | 25,334 |  |  |  | 24,655 |
Potential dilutive common stock equivalents, using treasury stock method |  |  | 480 |  |  |  | 585 |  |  |  | 498 |
Weighted average shares used in diluted net income per share calculation |  |  | 24,600 |  |  |  | 25,919 |  |  |  | 25,153 |
For the year ended December 29, 2018, December 30, 2017, and December 31, 2016, the Company had securities outstanding which could potentially dilute basic earnings per share in the future. For the years ended December 29, 2018, December 30, 2017 and December 31, 2016, the weighted average common share equivalents consisting of stock options and restricted stock units included in the calculation of diluted net income per share were 0.5 million, 0.6 million and 0.5 million shares, respectively.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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