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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
Earnings Per Share Reconciliation
Basic and diluted EPS calculations are detailed as follows (in thousands, except per share data):
 
    
Three Months Ended September 30, 2023
 
    
Net Income
(Numerator)
    
Weighted-
Average Shares
(Denominator)
    
Per Share
Amount
 
Net income per basic common share
   $ 134,552        59,093      $ 2.28  
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities
     —         162        (0.01
    
 
 
    
 
 
    
 
 
 
Net income per diluted common share
   $ 134,552        59,255      $ 2.27  
    
 
 
    
 
 
    
 
 
 
 
    
Three Months Ended October 1, 2022
 
    
Net Income
(Numerator)
    
Weighted-
Average Shares
(Denominator)
    
Per Share
Amount
 
Net income per basic common share
   $ 155,998        59,801      $ 2.61  
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities
     —         280        (0.01
    
 
 
    
 
 
    
 
 
 
Net income per diluted common share
   $ 155,998        60,081      $ 2.60  
    
 
 
    
 
 
    
 
 
 
 
    
Nine Months Ended September 30, 2023
 
    
Net Income
(Numerator)
    
Weighted-
Average Shares
(Denominator)
    
Per Share
Amount
 
Net income per basic common share
   $ 426,029        59,061      $ 7.21  
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities
     —         201        (0.02
    
 
 
    
 
 
    
 
 
 
Net income per diluted common share
   $ 426,029        59,262      $ 7.19  
    
 
 
    
 
 
    
 
 
 
 
    
Nine Months Ended October 1, 2022
 
    
Net Income
(Numerator)
    
Weighted-
Average Shares
(Denominator)
    
Per Share
Amount
 
Net income per basic common share
   $ 480,693        60,200      $ 7.98  
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities
     —         321        (0.04
    
 
 
    
 
 
    
 
 
 
Net income per diluted common share
   $ 480,693        60,521      $ 7.94