Earnings Per Share (Tables)

3 Months Ended

Apr. 02, 2023

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

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

	Three Months Ended
	April 2, 2023		April 3, 2022
	(in thousands, except per share data)
Numerator:
Net income (loss)	$	(714)	$	13,293
Less: distributed and undistributed earnings available to participating securities	(9)		(190)
Distributed and undistributed earnings (loss) available to common shareholders	$	(723)	$	13,103
Denominator:
Weighted average shares outstanding	57,177		58,403
Participating securities	902		845
Shares for basic EPS	58,079		59,248
Shares for diluted EPS	58,079		59,248
Basic EPS	$	(0.01)	$	0.22
Diluted EPS	$	(0.01)	$	0.22