v3.22.2.2
Net Income Per Common Share
9 Months Ended
Oct. 01, 2022
Earnings Per Share [Abstract]  
Net Income Per Common Share Net Income Per Common Share
The following table sets forth the computation of basic and diluted net income per common share for the periods indicated (in thousands, except per share data):
 Three Months EndedNine Months Ended
October 1,
2022
October 2,
2021
October 1,
2022
October 2,
2021
Numerator:
Net income$13,443 $177,424 $29,083 $218,497 
Denominator:
Weighted-average common shares outstanding used to compute basic net income per share65,355 63,588 64,892 63,057 
Effect of dilutive common stock equivalents3,819 4,319 3,695 4,480 
Weighted-average common shares outstanding used to compute diluted net income per share69,174 67,907 68,587 67,537 
Net income per common share:
Basic net income per common share$0.21 $2.79 $0.45 $3.47 
Diluted net income per common share$0.19 $2.61 $0.42 $3.24 
Potentially dilutive shares, weighted average1,724 1,224 1,803 908 
Potentially dilutive shares have been excluded from the computation of diluted net income per common share when their effect is antidilutive. These antidilutive shares were from stock options.