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Earnings Per Share (Tables)
9 Months Ended
Sep. 28, 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 September 28, 2024
 
 
  
Net Income
(Numerator)
 
  
Weighted-
Average Shares
(Denominator)
 
  
Per
Share
Amount
 
Net income per basic common share
   $ 161,503        59,367      $ 2.72  
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities
     —         137        (0.01
  
 
 
    
 
 
    
 
 
 
Net income per diluted common share
   $ 161,503        59,504      $ 2.71  
  
 
 
    
 
 
    
 
 
 
 
 
  
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  
  
 
 
    
 
 
    
 
 
 
 
 
  
Nine Months Ended September 28, 2024
 
 
  
Net Income
(Numerator)
 
  
Weighted-
Average Shares
(Denominator)
 
  
Per Share
Amount
 
Net income per basic common share
   $ 406,436        59,314      $ 6.85  
Effect of dilutive stock option, restricted stock, performance stock unit
and restricted stock unit securities
     —         157        (0.02 )
 
  
 
 
    
 
 
    
 
 
 
Net income per diluted common share
   $ 406,436        59,471      $ 6.83  
  
 
 
    
 
 
    
 
 
 
 
 
  
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