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Net Income Per Share (Tables)
3 Months Ended
Apr. 02, 2024
Net Income Per Share  
Schedule of basic and diluted net income (loss) per share

Thirteen

Thirteen

Weeks Ended

Weeks Ended

    

April 2, 2024

    

April 4, 2023

(In thousands, except per share data)

Net income

$

33,191

$

28,050

Basic weighted-average shares outstanding

47,749

48,694

Dilutive effect of equity awards (1)

913

1,084

Diluted weighted-average shares outstanding

48,662

49,778

Basic net income per share

$

0.70

$

0.58

Diluted net income per share

$

0.68

$

0.56

(1)Shares of common stock equivalents related to outstanding stock options, restricted stock and restricted stock units of 2.4 million and 1.9 million for April 2, 2024 and April 4, 2023, respectively, were excluded from the diluted calculation due to their anti-dilutive effect. No shares of common stock equivalents related to the Notes were included in the diluted calculation due to their anti-dilutive effect.