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EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 30, 2023
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the calculation of earnings per share and weighted-average common shares outstanding at the dates indicated (in thousands, except per share data):

Fiscal Year Ended
December 30,
2023
December 31,
2022
January 1,
2022
Net income$169,885 $89,693 $212,602 
Weighted average common shares outstanding — basic86,717 86,521 87,425 
Effect of dilutive securities686 674 1,241 
Weighted average common shares outstanding — diluted87,403 87,195 88,666 
Earnings per share
Basic$1.96 $1.04 $2.43 
Diluted$1.94 $1.03 $2.40