Net Income Per Common Share (Tables)

9 Months Ended

Sep. 30, 2023

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					Nine Months Ended
	September 30,		October 1,			September 30,			October 1,
	2023		2022			2023			2022
	(in thousands, except per share amounts)
Net income	$	39,207	$	30,414		$	105,388		$	90,705
Less: Net income attributable to RNCI		—		(373	)		(1,101	)		(1,334	)
Net income attributable to the Company		39,207		30,041			104,287			89,371
Decrease (increase) in redemption value of RNCI		—		271			(1,637	)		(1,514	)
Net income attributable to common shareholders	$	39,207	$	30,312		$	102,650		$	87,857
Weighted-average number of common shares outstanding - Basic		58,012		59,964			58,796			59,908
Add: Dilutive shares from equity plans		279		438			296			293
Weighted-average number of common shares outstanding - Diluted		58,291		60,402			59,092			60,201
Net income per common share attributable to common shareholders:
Basic	$	0.68	$	0.51		$	1.75		$	1.47
Diluted	$	0.67	$	0.50		$	1.74		$	1.46