Earnings Per Common Share (Tables)

9 Months Ended

Sep. 28, 2024

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 EPS:

 

	Three months ended		Nine months ended
(In thousands)	September 28, 2024	September 30, 2023	September 28, 2024	September 30, 2023
Basic—weighted average common shares outstanding	151,196	150,127	150,849	149,793
Weighted average common shares assumed upon exercise of stock options and vesting of restricted common stock	728	1,102	971	1,023
Diluted—weighted average common shares and common shares equivalent outstanding	151,924	151,229	151,820	150,816

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 28, 2024 and September 30, 2023:

	Three months ended		Nine months ended
(In thousands)	September 28, 2024	September 30, 2023	September 28, 2024	September 30, 2023
Shares excluded from calculations of diluted EPS	630	465	449	672