Earnings Per Share (Tables)

12 Months Ended

Jan. 02, 2022

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table shows the computation of basic and diluted EPS:

	Fiscal Year
	2021		2020		2019
	(in thousands, except per share data)
Numerator:
Net income (loss)	$	55,234	$	(71,929)	$	79,200
Less: distributed and undistributed earnings available to participating securities	(602)		(42)		(625)
Distributed and undistributed earnings (loss) available to common shareholders	$	54,632	$	(71,971)	$	78,575
Denominator:
Weighted average shares outstanding	58,328		58,110		58,475
Participating securities	643		437		468
Shares for basic EPS	58,971		58,547		58,943
Dilutive effect of stock options	—		—		5
Shares for diluted EPS	58,971		58,547		58,948
Basic EPS	$	0.94	$	(1.23)	$	1.34
Diluted EPS	$	0.94	$	(1.23)	$	1.34