EARNINGS PER COMMON SHARE (Tables)

9 Months Ended

Sep. 28, 2019

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The reconciliation of the numerator and denominator used for the computation of basic and diluted earnings per common share is as follows (in thousands, except per share data):

	Three Months Ended				Nine Months Ended
	September 28, 2019		July 29, 2018		September 28, 2019		July 29, 2018
Numerator for Basic and Diluted Earnings Per Common Share
Net income (loss) applicable to common shares	$	24,790	$	35,765	$	(17,320)	$	35,303
Denominator for Basic and Diluted Income Per Common Share
Weighted average basic number of common shares outstanding	125,557		66,335		125,526		66,361
Common stock equivalents:
Employee stock options	1		95		—		98
PSUs and Performance Share Awards	—		8		—		18
Weighted average diluted number of common shares outstanding	125,558		66,438		125,526		66,477
Basic income (loss) per common share	$	0.20	$	0.54	$	(0.14)	$	0.53
Diluted income (loss) per common share	$	0.20	$	0.54	$	(0.14)	$	0.53
Incentive Plan securities excluded from dilution(1)	5,189		—		4,974		—

(1)Represents securities not included in the computation of diluted earnings per common share because their effect would have been anti-dilutive.