Year Ended

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

April 1, 
2023

April 2, 
2022

April 3, 
2021

Numerator:

Net income

$

401,802

$

248,044

$

84,899

Undistributed earnings allocated to participating securities

—

—

(77

)

Net income attributable to the Company's common shareholders

$

401,802

$

248,044

$

84,822

Denominator:

Basic weighted average shares outstanding

56,987

56,816

56,648

Dilutive securities

408

490

325

Diluted weighted average shares outstanding

57,395

57,306

56,973

Basic net income per share:

$

7.05

$

4.37

$

1.50

Diluted net income per share:

$

7.00

$

4.33

$

1.49