XML 32 R22.htm IDEA: XBRL DOCUMENT v3.22.1
Earnings Per Share
 3 Months Ended
Apr. 02, 2022
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The shares used in the computation of the company’s basic and diluted earnings per common share are as follows:
Three Months Ended
April 2, 2022April 3, 2021
Weighted-average common shares outstanding53,396,714 54,184,438 
Effect of dilutive securities915,300 933,451 
Weighted-average common shares outstanding, assuming dilution
54,312,014 55,117,889 

The dilutive effect of the potential exercise of outstanding options and stock-settled SARs to purchase common shares is calculated using the treasury stock method. As of April 2, 2022, there were 358,774 awards outstanding that were anti-dilutive; as of April 3, 2021, there were 400 awards outstanding that were anti-dilutive. Performance-based equity awards are included in the diluted earnings per share calculation based on the attainment of the applicable performance metrics to date.