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EARNINGS (LOSS) PER SHARE (Tables)
3 Months Ended
Apr. 03, 2021
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
The following table presents the calculations of basic and diluted EPS:
Three Months Ended March
(In thousands, except per share amounts)20212020
Net income (loss)$64,463 $(2,712)
Basic weighted average shares outstanding57,344 56,875 
Dilutive effect of stock-based awards1,558 — 
Diluted weighted average shares outstanding58,902 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)