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EARNINGS PER SHARE (Tables)
3 Months Ended
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)20232022
Net income$66,296 $80,810 
Basic weighted average shares outstanding55,646 56,321 
Dilutive effect of stock-based awards1,294 1,515 
Diluted weighted average shares outstanding56,940 57,836 
Earnings per share:
Basic earnings per common share$1.19 $1.43 
Diluted earnings per common share$1.16 $1.40