Earnings Per Common Share (Tables)

9 Months Ended

Sep. 30, 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		Nine months ended
(In thousands)	September 30, 2023	October 1, 2022	September 30, 2023	October 1, 2022
Basic—weighted common shares outstanding	150,127	148,570	149,793	140,045
Weighted common shares assumed upon exercise of stock options and vesting of restricted common stock	1,102	—	1,023	847
Diluted—weighted common shares and common shares equivalent outstanding	151,229	148,570	150,816	140,892

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 nine months ended September 30, 2023 and October 1, 2022:

	Three months ended		Nine months ended
(In thousands)	September 30, 2023	October 1, 2022	September 30, 2023	October 1, 2022
Shares excluded from calculations of diluted EPS	465	1,610	672	415