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EARNINGS PER SHARE (Tables) | 3 Months Ended
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Apr. 01, 2023
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) |  | 2023 |  |  | 2022 |  |  |  |  |  |
Net income |  | $ | 66,296 |  |  |  | $ | 80,810 |  |  |  |  |  |  |
Basic weighted average shares outstanding |  | 55,646 |  |  |  | 56,321 |  |  |  |  |  |  |
Dilutive effect of stock-based awards |  | 1,294 |  |  |  | 1,515 |  |  |  |  |  |  |
Diluted weighted average shares outstanding |  | 56,940 |  |  |  | 57,836 |  |  |  |  |  |  |
Earnings per share: |  |  |  |  |  |  |  |  |  |  |
Basic earnings per common share |  | $ | 1.19 |  |  |  | $ | 1.43 |  |  |  |  |  |  |
Diluted earnings per common share |  | $ | 1.16 |  |  |  | $ | 1.40 |  |  |  |  |  |  |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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