Earnings Per Share (EPS) (Tables)

9 Months Ended

Oct. 02, 2020

Earnings Per Share [Abstract]

Schedule of Calculation of Numerator and Denominator in Earnings Per Share

The following table sets forth a reconciliation of the information used in computing basic and diluted EPS (in thousands, except per share amounts):

	Three Months Ended				Nine Months Ended
	October 2, 2020		September 27, 2019		October 2, 2020		September 27, 2019
Numerator for basic and diluted EPS:
Income from continuing operations	$	30,342	$	30,586	$	61,831	$	80,174
Income from discontinued operations	—		—		—		5,138
Net income	$	30,342	$	30,586	$	61,831	$	85,312
Denominator for basic and diluted EPS:
Weighted average shares outstanding - Basic	32,859		32,660		32,833		32,606
Dilutive effect of share-based awards	217		408		274		413
Weighted average shares outstanding - Diluted	33,076		33,068		33,107		33,019
Basic earnings per share:
Income from continuing operations	$	0.92	$	0.94	$	1.88	$	2.46
Income from discontinued operations	—		—		—		0.16
Basic earnings per share	0.92		0.94		1.88		2.62
Diluted earnings per share:
Income from continuing operations	$	0.92	$	0.92	$	1.87	$	2.43
Income from discontinued operations	—		—		—		0.16
Diluted earnings per share	0.92		0.92		1.87		2.58

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The diluted weighted average share calculations do not include the following securities, which are not dilutive to the EPS calculations or the performance criteria have not been met (in thousands):

	Three Months Ended		Nine Months Ended
	October 2, 2020	September 27, 2019	October 2, 2020	September 27, 2019
Time-vested stock options, RSAs and RSUs	145	—	134	29
Performance-vested restricted stock and PRSUs	167	50	93	48