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EARNINGS PER SHARE (Tables)

12 Months Ended

Jan. 02, 2022

Earnings per share [abstract]

Earnings per share

Reconciliation between basic and diluted earnings (loss) per share is as follows:

						2021						2020
Net earnings (loss) - basic and diluted						$	607,183					$	(225,282)
Basic earnings (loss) per share:
			Basic weighted average number of common shares outstanding			197,014						198,361
Basic earnings (loss) per share						$	3.08					$	(1.14)
Diluted earnings (loss) per share:
			Basic weighted average number of common shares outstanding			197,014						198,361
			Plus dilutive impact of stock options, Treasury RSUs, and common shares held in trust			581						—
			Diluted weighted average number of common shares outstanding			197,595						198,361
Diluted earnings (loss) per share						$	3.07					$	(1.14)

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- Definition

The disclosure of earnings per share.

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Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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-Number 33
-IssueDate 2021-01-01
-Paragraph 66
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-URIDate 2021-03-24

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