Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2024

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
	March 31, 2024		April 2, 2023
	(in thousands, except per share data)
Numerator:
Net income (loss)	$	14,179	$	(714)
Less: distributed and undistributed earnings available to participating securities	(150)		(9)
Distributed and undistributed earnings (loss) available to common shareholders	$	14,029	$	(723)
Denominator:
Weighted average shares outstanding	57,623		57,177
Participating securities	615		902
Shares for basic EPS	58,238		58,079
Dilutive effect of non-participating securities	476		—
Shares for diluted EPS	58,714		58,079
Basic EPS	$	0.24	$	(0.01)
Diluted EPS	$	0.24	$	(0.01)