Earnings Per Share (Tables)

9 Months Ended

Sep. 27, 2021

Reconciliation of Numerator and Denominator Used to Calculate Basic Earnings per Share and Diluted Earnings per Share from Continuing Operations

The following is a reconciliation of the numerator and denominator used to calculate basic earnings per share and diluted earnings per share from continuing operations for the quarter and three quarters ended September 27, 2021 and September 28, 2020:

	Quarter Ended					Three Quarters Ended
	September 27, 2021		September 28, 2020			September 27, 2021		September 28, 2020
	(In thousands, except per share amounts)
Net income (loss) from continuing operations	$	20,958	$	(61,472	)	$	46,027	$	(55,346	)

Basic weighted average shares		107,098		106,729			106,917		106,130
Dilutive effect of performance-based restricted stock units, restricted stock units and stock options		1,247		—			1,655		—
Dilutive effect of outstanding warrants		—		—			267		—
Diluted shares		108,345		106,729			108,839		106,130
Earnings (loss) per share:
Basic	$	0.20	$	(0.58	)	$	0.43	$	(0.52	)
Diluted	$	0.19	$	(0.58	)	$	0.42	$	(0.52	)