Earnings Per Common Share (Tables)

6 Months Ended

Jul. 01, 2023

Earnings Per Share [Abstract]

Reconcilation of Share Amount Used in Computaion of Basic and Diluted Earnings Per Share (EPS)

The following table presents a reconciliation of the share amounts used in the computation of basic and diluted earnings per common share: 

	Three months ended		Six months ended
(In thousands)	July 1, 2023	July 2, 2022	July 1, 2023	July 2, 2022
Basic—weighted common shares outstanding	149,825	135,895	149,626	135,783
Weighted common shares assumed upon exercise of stock options and vesting of restricted common stock	1,012	559	983	720
Diluted—weighted common shares and common shares equivalent outstanding	150,837	136,454	150,609	136,503

Shares Excluded Underlying Stock Based Awards from Calculations of Diluted EPS

The Company excluded the following shares underlying stock-based awards from the calculations of diluted EPS because their inclusion would have been anti-dilutive for the three and six months ended July 1, 2023 and July 2, 2022:

	Three months ended		Six months ended
(In thousands)	July 1, 2023	July 2, 2022	July 1, 2023	July 2, 2022
Shares excluded from calculations of diluted EPS	580	595	791	519