XML 36 R29.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Earnings per Common Share (Tables)
6 Months Ended
Jun. 28, 2024
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

 

 

Six Months Ended

 

 

June 28,

 

 

June 30,

 

 

June 28,

 

 

June 30,

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Numerators:

 

 

 

 

 

 

 

 

 

 

 

Net income

$

13,755

 

 

$

20,879

 

 

$

28,431

 

 

$

39,144

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominators:

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding— basic

 

35,946

 

 

 

35,851

 

 

 

35,930

 

 

 

35,830

 

Dilutive common share equivalents

 

146

 

 

 

181

 

 

 

180

 

 

 

185

 

Weighted average common shares outstanding— diluted

 

36,092

 

 

 

36,032

 

 

 

36,110

 

 

 

36,015

 

Antidilutive common share equivalents excluded from above

 

166

 

 

 

141

 

 

 

119

 

 

 

127

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per Common Share:

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.38

 

 

$

0.58

 

 

$

0.79

 

 

$

1.09

 

Diluted

$

0.38

 

 

$

0.58

 

 

$

0.79

 

 

$

1.09