Diluted Net Income Per Share

9 Months Ended

Feb. 24, 2019

The following table sets forth the computation of diluted net income per share:



(in thousands, except per share amounts)	Three Months Ended				Nine Months Ended
	February 24, 2019		February 25, 2018		February 24, 2019		February 25, 2018
Numerator:
Net income applicable to Common Stockholders	$	1,067	$	16,088	$	672	$	18,721
Denominator:
Weighted average shares for basic net income per share	28,919		27,547		28,140		27,524
Effect of dilutive securities:
Stock options and restricted stock units	232		371		259		360
Weighted average shares for diluted net income per share	29,151		27,918		28,399		27,884

Diluted net income per share	$	0.04	$	0.57	$	0.02	$	0.67

For the three and nine months ended February 24, 2019, the computation of the diluted net income per share excludes the impact of options to purchase 1.9 million and 1.6 million, respectively, of Common Stock as such impacts would be antidilutive for this period.

For the three and nine months ended February 25, 2018, the computation of the diluted net income per share excludes the impact of options to purchase 1.7 million and 1.5 million shares, respectively, of Common Stock as such impacts would be antidilutive for those periods.