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Earnings Per Share
3 Months Ended
Apr. 01, 2023
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per ShareThe shares used in the computation of the company’s basic and diluted earnings per common share are as follows:
Three Months Ended
April 1, 2023April 2, 2022
Weighted-average common shares outstanding53,019,170 53,396,714 
Effect of dilutive securities1,044,581 915,300 
Weighted-average common shares outstanding, assuming dilution
54,063,751 54,312,014 
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 1, 2023, there were 302,756 awards outstanding that were anti-dilutive; as of April 2, 2022, there were 358,774 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.