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Earnings Per Share (Tables)
9 Months Ended
Sep. 28, 2020
Earnings Per Share [Abstract]  
Reconciliation of Numerator and Denominator Used to Calculate Basic Earnings per Share and Diluted Earnings per Share from Continuing Operations

The following is a reconciliation of the numerator and denominator used to calculate basic earnings per share and diluted earnings per share from continuing operations for the quarter and three quarters ended September 28, 2020 and September 30, 2019:

 

 

 

Quarter Ended

 

 

Three Quarters Ended

 

 

 

September 28, 2020

 

 

September 30, 2019

 

 

September 28, 2020

 

 

September 30, 2019

 

 

 

(In thousands, except per share amounts)

 

Net (loss) income from continuing operations

 

$

(61,472

)

 

$

2,393

 

 

$

(55,346

)

 

$

21,124

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares

 

 

106,729

 

 

 

105,492

 

 

 

106,130

 

 

 

105,092

 

Dilutive effect of performance-based restricted stock units,

   restricted stock units and stock options

 

 

 

 

 

982

 

 

 

 

 

 

973

 

Diluted shares

 

 

106,729

 

 

 

106,474

 

 

 

106,130

 

 

 

106,065

 

(Loss) earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.58

)

 

$

0.02

 

 

$

(0.52

)

 

$

0.20

 

Diluted

 

$

(0.58

)

 

$

0.02

 

 

$

(0.52

)

 

$

0.20