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Earnings Per Share (Tables)
6 Months Ended
Oct. 01, 2022
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings per Common Share

The following table sets forth the computation of basic and diluted earnings per common share:

 

 

 

Three months ended

 

Six months ended

 

(Dollars and shares in thousands, except per share data)

 

October 1,
2022

 

 

October 2,
2021

 

 

October 1,
2022

 

 

October 2,
2021

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to the Company's common shareholders

 

$

144,092

 

 

$

50,723

 

 

$

261,243

 

 

$

93,624

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average shares outstanding

 

 

56,956

 

 

 

56,808

 

 

 

56,933

 

 

 

56,757

 

Dilutive securities

 

 

450

 

 

 

400

 

 

 

431

 

 

 

455

 

Diluted weighted-average shares outstanding

 

 

57,406

 

 

 

57,208

 

 

 

57,364

 

 

 

57,212

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net income per share

 

$

2.53

 

 

$

0.89

 

 

$

4.59

 

 

$

1.65

 

Diluted net income per share

 

$

2.51

 

 

$

0.89

 

 

$

4.55

 

 

$

1.64