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Net Income Per Share
 9 Months Ended
Oct. 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 the fiscal quarters and fiscal year-to-date periods ended October 2, 2021 and September 26, 2020.
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 the fiscal quarters and fiscal year-to-date periods ended October 2, 2021 and September 26, 2020.
The following table presents a reconciliation from net income to the net income available to common shareholders (in thousands):
Fiscal Quarter EndedFiscal Year-to-Date
Period Ended
October 2,
2021		September 26,
2020		October 2,
2021		September 26,
2020
Net income, as reported$10,945 $5,403 $33,012 $17,802 
Less: net income attributable to participating shares43 22 128 53 
Net income available to common shareholders$10,902 $5,381 $32,884 $17,749 
The following table presents a reconciliation of basic to diluted weighted average shares of common stock outstanding (in thousands):
Fiscal Quarter EndedFiscal Year-to-Date
Period Ended
October 2,
2021		September 26,
2020		October 2,
2021		September 26,
2020
Basic weighted average shares outstanding7,375 7,771 7,440 7,780 
Dilutive stock options and restricted stock units185 163 203 184 
Diluted weighted average shares outstanding7,560 7,934 7,643 7,964 
The following table presents 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. For the fiscal quarter and fiscal year-to-date period ended September 26, 2020, the share-based awards each period were anti-dilutive because their exercise price exceeded the average market price over the respective period. There were no anti-dilutive shares for the fiscal quarter and fiscal year-to-date period ended October 2, 2021.
Fiscal Quarter EndedFiscal Year-to-Date
Period Ended
October 2,
2021		September 26,
2020		October 2,
2021		September 26,
2020
Anti-dilutive share-based awards excluded— 76,399 — 62,808