XML 32 R20.htm IDEA: XBRL DOCUMENT
v3.21.1

EARNINGS (LOSS) PER SHARE | 3 Months Ended
--- | ---
Apr. 03, 2021
Earnings Per Share [Abstract] |
EARNINGS (LOSS) PER SHARE | EARNINGS (LOSS) PER SHARE The calculations of basic and diluted earnings (loss) per share ("EPS") is based on net income (loss) divided by the basic weighted average number of common shares and diluted weighted average number of common shares outstanding, respectively. The following table presents the calculations of basic and diluted EPS:
|  | Three Months Ended March |  |  |
(In thousands, except per share amounts) |  | 2021 |  |  | 2020 |  |  |  |  |  |
Net income (loss) |  | $ | 64,463 |  |  |  | $ | (2,712) |  |  |  |  |  |  |
Basic weighted average shares outstanding |  | 57,344 |  |  |  | 56,875 |  |  |  |  |  |  |
Dilutive effect of stock-based awards |  | 1,558 |  |  |  | — |  |  |  |  |  |  |
Diluted weighted average shares outstanding |  | 58,902 |  |  |  | 56,875 |  |  |  |  |  |  |
Earnings (loss) per share: |  |  |  |  |  |  |  |  |  |  |
Basic earnings (loss) per common share |  | $ | 1.12 |  |  |  | $ | (0.05) |  |  |  |  |  |  |
Diluted earnings (loss) per common share |  | $ | 1.09 |  |  |  | $ | (0.05) |  |  |  |  |  |  |
For the three months ended March 2021, there were no anti-dilutive shares. For the three months ended March 2020, all of the 1.1 million potentially dilutive shares were excluded from the diluted loss per share calculation because the Company incurred a net loss for the period. For the three months ended March 2021 and March 2020, a total of 0.2 million and 0.3 million shares, respectively, of PRSUs were excluded from the calculations of potential dilutive earnings per share as the units were not considered to be contingent outstanding shares.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration