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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 30, 2024
EARNINGS PER SHARE  
Schedule of computation of earnings per share

The computation of earnings per share (“EPS”) is as follows (in thousands):

Three Months Ended

March 30,

    

April 1,

    

2024

2023

Numerator:

  

 

  

 

Net earnings attributable to controlling interest

$

120,791

$

126,069

Adjustment for earnings allocated to non-vested restricted common stock equivalents

 

(4,901)

 

(5,581)

Net earnings for calculating EPS

$

115,890

$

120,488

Denominator:

 

  

 

  

Weighted average shares outstanding

 

61,985

 

62,725

Adjustment for non-vested restricted common stock equivalents

 

(2,809)

 

(2,777)

Shares for calculating basic EPS

 

59,176

 

59,948

Effect of dilutive restricted common stock equivalents

 

86

 

855

Shares for calculating diluted EPS

 

59,262

 

60,803

Net earnings per share:

 

  

 

  

Basic

$

1.96

$

2.01

Diluted

$

1.96

$

1.98