Net Income Per Common Share (Tables)

3 Months Ended

Apr. 02, 2022

Earnings Per Share [Abstract]

Calculation of EPS and Reconciliation of Weighted Average Common Shares Used in Calculation of Basic and Diluted EPS

The table below presents the calculation of EPS and a reconciliation of weighted average common shares used in the calculation of basic and diluted EPS:

	Three Months Ended
	April 2,			April 3,
	2022			2021
	(in thousands, except per share amounts)
Net income	$	23,826		$	12,795
Less: Net income attributable to redeemable non-controlling interest		(657	)		(411	)
Net income attributable to the Company		23,169			12,384
Change in redemption value of redeemable non-controlling interest		(2,136	)		—
Net income attributable to common shareholders	$	21,033		$	12,384
Weighted-average common shares - Basic		59,831			59,286
Add: Dilutive shares from equity plans		388			608
Weighted-average common shares - Diluted		60,219			59,894
Net income per common share attributable to common shareholders:
Basic	$	0.35		$	0.21
Diluted	$	0.35		$	0.21