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Earnings Per Share | 3 Months Ended
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Mar. 30, 2024
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 |  |
| March 30, 2024 |  | April 1, 2023 |  |  |  |
Weighted-average common shares outstanding | 52,741,565 |  |  | 53,019,170 |  |  |  |  |
Effect of dilutive securities | 929,466 |  |  | 1,044,581 |  |  |  |  |
Weighted-average common shares outstanding, assuming dilution | 53,671,031 |  |  | 54,063,751 |  |  |  |  |
The dilutive effect of the potential exercise of outstanding stock options and stock-settled SARs to purchase common shares is calculated using the treasury stock method. As of March 30, 2024, there were no awards outstanding that were anti-dilutive; as of April 1, 2023, there were 302,756 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.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-3 + Details
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