Earnings Per Share

3 Months Ended

Mar. 29, 2025

9 Earnings Per Share

Basic and diluted EPS calculations are detailed as follows (in thousands, except per share data):


	Three Months Ended March 29, 2025
	Net Income (Numerator)		Weighted- Average Shares (Denominator)		Per Share Amount
Net income per basic common share	$	121,381		59,439	$	2.04
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities		—		272		(0.01	)

Net income per diluted common share	$	121,381		59,711	$	2.03


	Three Months Ended March 30, 2024
	Net Income (Numerator)		Weighted- Average Shares (Denominator)		Per Share Amount
Net income per basic common share	$	102,196		59,232	$	1.73
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities		—		199		(0.01	)

Net income per diluted common share	$	102,196		59,431	$	1.72

For the three months ended March 29, 2025 and March 30, 2024, there were approximately

39,000 and 326,000

outstanding stock options, respectively, that were antidilutive because the exercise price for such stock options was higher than the Company’s average stock price during the applicable period. These securities were not included in the computation of diluted EPS. The effect of dilutive securities was calculated using the treasury stock method.