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Earnings Per Share | 6 Months Ended
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Jul. 04, 2015
Earnings Per Share |
Earnings Per Share | 2. Earnings Per Share The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share data):
|  | Three Months Ended |  | Six Months Ended |
|  | July 4, 2015 |  | June 28, 2014 |  | July 4, 2015 |  | June 28, 2014 |
Net income |  | $ | 7,575 |  | $ | 14,279 |  | $ | 13,953 |  | $ | 22,389 |
Shares used in computing basic earnings per share |  | 42,823 |  | 43,462 |  | 42,617 |  | 43,271 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |
Stock options and other stock-based awards |  | 638 |  | 756 |  | 688 |  | 866 |
Shares used in computing diluted earnings per share |  | 43,461 |  | 44,218 |  | 43,305 |  | 44,137 |
Earnings per share: |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.18 |  | $ | 0.33 |  | $ | 0.33 |  | $ | 0.52 |
Diluted |  | $ | 0.17 |  | $ | 0.32 |  | $ | 0.32 |  | $ | 0.51 |
For the three months ended July 4, 2015 and June 28, 2014 and the six months ended July 4, 2015 and June 28, 2014, approximately 0.1 million, 0.1 million, 0.1 million and 0.2 million shares, respectively, were not included in the diluted earnings per share calculation since the shares were anti-dilutive.

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