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Earnings Per Share (Tables)
6 Months Ended
Jun. 29, 2024
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 June 29, 2024
 
 
  
Net Income
 
  
Weighted-
Average Shares
 
  
Per Share
 
 
  
(Numerator)
 
  
(Denominator)
 
  
Amount
 
Net income per basic common share
   $ 142,737        59,339      $ 2.41  
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities
     —         112        (0.01 )
  
 
 
    
 
 
    
 
 
 
Net income per diluted common share
   $ 142,737        59,451      $ 2.40  
  
 
 
    
 
 
    
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
Three Months Ended July 1, 2023
 
 
  
Net Income
 
  
Weighted-
Average Shares
 
  
Per Share
 
 
  
(Numerator)
 
  
(Denominator)
 
  
Amount
 
Net income per basic common share
   $ 150,554        58,857      $ 2.56  
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities
     —         153        (0.01
  
 
 
    
 
 
    
 
 
 
Net income per diluted common share
   $ 150,554        59,010      $ 2.55  
  
 
 
    
 
 
    
 
 
 


    
Six Months Ended June 29, 2024
 
    
Net Income
    
Weighted-
Average Shares
    
Per Share
 
    
(Numerator)
    
(Denominator)
    
Amount
 
Net income per basic common share
   $ 244,933        59,287      $ 4.13  
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities
     —         158        (0.01
  
 
 
    
 
 
    
 
 
 
Net income per diluted common share
   $ 244,933        59,445      $ 4.12  
  
 
 
    
 
 
    
 
 
 
 
 
  
Six Months Ended July 1, 2023
 
 
  
Net Income
 
  
Weighted-
Average Shares
 
  
Per Share
 
 
  
(Numerator)
 
  
(Denominator)
 
  
Amount
 
Net income per basic common share
   $ 291,477        58,703      $ 4.97  
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities
     —         206        (0.02
  
 
 
    
 
 
    
 
 
 
Net income per diluted common share
   $ 291,477        58,909      $ 4.95