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Net Income Per Share | 12 Months Ended
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Jan. 02, 2021
Earnings Per Share [Abstract] |
Net Income Per Share | Net Income Per Share CRA calculates basic earnings per share using the two-class method. CRA calculates diluted earnings per share using the more dilutive of either the two-class method or treasury stock method. The two-class method was more dilutive for fiscal 2020, fiscal 2019, and fiscal 2018. Under the two-class method, net earnings are allocated to each class of common stock and participating security as if all the net earnings for the period had been distributed. CRA's participating securities consist of unvested share-based payment awards that contain a nonforfeitable right to receive dividends and therefore are considered to participate in undistributed earnings with common shareholders Net earnings allocable to these participating securities were not material for fiscal 2020, fiscal 2019, and fiscal 2018. The following table presents a reconciliation from net income to the net income available to common shareholders (in thousands):
| Year Ended |  | Year Ended |  | Year Ended
| January 2, 2021 (53 weeks) |  | December 28, 2019 (52 weeks) |  | December 29, 2018 (52 weeks)
Net income attributable to CRA, as reported | $ | 24,507 |  |  | $ | 20,747 |  |  | $ | 22,492 |
Less: net income attributable to participating shares | 93 |  |  | 55 |  |  | 108 |
Net income available to common shareholders | $ | 24,414 |  |  | $ | 20,692 |  |  | $ | 22,384 |
The following table presents a reconciliation of basic to diluted weighted average shares of common stock outstanding (in thousands):
| Year Ended |  | Year Ended |  | Year Ended
| January 2, 2021 |  | December 28, 2019 |  | December 29, 2018
Basic weighted average shares outstanding | 7,768 |  |  | 7,866 |  |  | 8,107 |
Common stock equivalents: |  |  |  |  |
Stock options and restricted stock units | 180 |  |  | 301 |  |  | 463 |
Diluted weighted average shares outstanding | 7,948 |  |  | 8,167 |  |  | 8,570 |
For fiscal 2020, fiscal 2019, and fiscal 2018, the anti-dilutive share-based awards that were excluded from the calculation of common stock equivalents for purposes of computing diluted weighted average shares outstanding amounted to 80,211, 62,367, and 29,612 shares, respectively. These share-based awards were anti-dilutive because their exercise price exceeded the average market price over the respective period.

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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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