Earnings Per Share

3 Months Ended

Jun. 29, 2024

Earnings Per Share [Abstract]

Earnings Per Share

12. Earnings Per Share

Basic net income per share attributable to the Company was computed by dividing net income attributable to the Company by the average number of common shares outstanding during the period. Diluted earnings per share is calculated using our weighted-average outstanding common shares, including the dilutive effect of stock awards as determined under the treasury stock method.

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

	Three months ended
(Dollars and shares in thousands, except per share data)	June 29, 2024		July 1, 2023
Numerator:
Net income attributable to the Company's common shareholders	$	45,794	$	51,269
Denominator:
Basic weighted-average shares outstanding		57,865		57,183
Dilutive securities		470		475
Diluted weighted-average shares outstanding		58,335		57,658
Basic net income per share	$	0.79	$	0.90
Diluted net income per share	$	0.79	$	0.89