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Net Income Per Share | 12 Months Ended
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Jan. 01, 2022
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 2021, fiscal 2020, and fiscal 2019. 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 2021, fiscal 2020, and fiscal 2019. 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 1, 2022 (52 weeks) |  | January 2, 2021 (53 weeks) |  | December 28, 2019 (52 weeks)
Net income, as reported | $ | 41,679 |  |  | $ | 24,507 |  |  | $ | 20,747 |
Less: net income attributable to participating shares | 175 |  |  | 93 |  |  | 55 |
Net income available to common shareholders | $ | 41,504 |  |  | $ | 24,414 |  |  | $ | 20,692 |
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 1, 2022 |  | January 2, 2021 |  | December 28, 2019
Basic weighted average shares outstanding | 7,423 |  |  | 7,768 |  |  | 7,866 |
Common stock equivalents: |  |  |  |  |
Stock options and restricted stock units | 198 |  |  | 180 |  |  | 301 |
Diluted weighted average shares outstanding | 7,621 |  |  | 7,948 |  |  | 8,167 |
Certain share-based awards were anti-dilutive because their exercise price exceeded the average market price over the respective period. 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 (in thousands):
| Year Ended |  | Year Ended |  | Year Ended
| January 1, 2022 |  | January 2, 2021 |  | December 28, 2019
Anti-dilutive share-based awards excluded | 3 |  |  | 80 |  |  | 62 |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
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