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Earnings per Common Share (Tables)
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings per Common Share

The following table sets forth the computation of basic and diluted earnings per common share (amounts in thousands, except per share data):

 

Three Months Ended

 

 

Nine Months Ended

 

 

September 30,

 

 

October 1,

 

 

September 30,

 

 

October 1,

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Numerators:

 

 

 

 

 

 

 

 

 

 

 

Consolidated net income

$

22,490

 

 

$

13,603

 

 

$

58,789

 

 

$

36,577

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominators:

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding— basic

 

35,729

 

 

 

35,447

 

 

 

35,625

 

 

 

35,366

 

Dilutive potential common shares

 

199

 

 

 

317

 

 

 

256

 

 

 

405

 

Weighted average common shares outstanding— diluted

 

35,928

 

 

 

35,764

 

 

 

35,881

 

 

 

35,771

 

Antidilutive potential common shares excluded from above

 

73

 

 

 

1

 

 

 

104

 

 

 

18

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per Common Share:

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.63

 

 

$

0.38

 

 

$

1.65

 

 

$

1.03

 

Diluted

$

0.63

 

 

$

0.38

 

 

$

1.64

 

 

$

1.02