| Earnings per Share |
Earnings per Share The following table shows the computation of basic and diluted earnings per share for the three-month and nine-month periods ended September 28, 2025 and September 29, 2024 (in thousands, except per share amounts): | | | | | | | | | | | | | | | | | | | | | | | | | Three-months Ended | | Nine-months Ended | | September 28, 2025 | | September 29, 2024 | | September 28, 2025 | | September 29, 2024 | | Net income | 17,664 | | | 29,591 | | | $ | 81,778 | | | $ | 77,825 | | | Basic weighted-average common shares outstanding | 167,840 | | | 171,519 | | | 168,324 | | | 171,588 | | | Effect of dilutive stock-based awards | 1,483 | | | 1,234 | | | 1,183 | | | 1,145 | | | Diluted weighted-average common shares outstanding | 169,323 | | | 172,753 | | | 169,507 | | | 172,733 | | | Earnings per share | | | | | | | | | Basic | 0.11 | | | 0.17 | | | 0.49 | | | 0.45 | | | Diluted | 0.10 | | | 0.17 | | | 0.48 | | | 0.45 | |
The computation of diluted weighted-average common shares outstanding excludes the following weighted average anti-dilutive stock-based awards outstanding for the three-month and nine-month periods ended September 28, 2025 and September 29, 2024 (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three-months Ended | | Nine-months Ended | | September 28, 2025 | | September 29, 2024 | | September 28, 2025 | | September 29, 2024 | | Stock options | 9,352 | | | 8,640 | | | 10,206 | | | 8,490 | | | Restricted stock units | 9 | | | — | | | 4 | | | — | | | Performance restricted stock units | — | | | — | | | — | | | — | | | Total weighted average anti-dilutive stock-based awards outstanding | 9,361 | | | 8,640 | | | 10,210 | | | 8,490 | |
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