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EARNINGS PER SHARE (“EPS”) | 6 Months Ended
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Jun. 27, 2025
Earnings Per Share [Abstract] |
EARNINGS PER SHARE (“EPS”) | EARNINGS PER SHARE (“EPS”) The following table sets forth a reconciliation of the information used in computing basic and diluted EPS (in thousands, except per share amounts):
| Three Months Ended |  | Six Months Ended
| June 27, 2025 |  | June 28, 2024 |  | June 27, 2025 |  | June 28, 2024
Numerator for basic and diluted EPS: |  |  |  |  |  |  |
Income from continuing operations | $ | 37,009 |  |  | $ | 31,207 |  |  | $ | 14,544 |  |  | $ | 51,798 |
Income (loss) from discontinued operations | — |  |  | 39 |  |  | (22) |  |  | (44) |
Net income | $ | 37,009 |  |  | $ | 31,246 |  |  | $ | 14,522 |  |  | $ | 51,754 |
Denominator for basic and diluted EPS: |  |  |  |  |  |  |
Weighted average shares outstanding - Basic | 35,035 |  |  | 33,600 |  |  | 34,488 |  |  | 33,540 |
Dilutive effect of share-based awards | 319 |  |  | 476 |  |  | 352 |  |  | 481 |
Dilutive impact of Convertible Notes | 359 |  |  | 1,453 |  |  | 990 |  |  | 1,243 |
Weighted average shares outstanding - Diluted | 35,713 |  |  | 35,529 |  |  | 35,830 |  |  | 35,264 |
Basic earnings per share: |  |  |  |  |  |  |
Income from continuing operations | $ | 1.06 |  |  | $ | 0.93 |  |  | $ | 0.42 |  |  | $ | 1.54 |
Income (loss) from discontinued operations | — |  |  | — |  |  | — |  |  | — |
Basic earnings per share | $ | 1.06 |  |  | $ | 0.93 |  |  | $ | 0.42 |  |  | $ | 1.54 |
Diluted earnings per share: |  |  |  |  |  |  |
Income from continuing operations | $ | 1.04 |  |  | $ | 0.88 |  |  | $ | 0.41 |  |  | $ | 1.47 |
Income (loss) from discontinued operations | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Diluted earnings per share | $ | 1.04 |  |  | $ | 0.88 |  |  | $ | 0.41 |  |  | $ | 1.47 |
The following table sets forth potential shares of Common Stock that are not included in the diluted earnings per share calculation above because to do so would be anti-dilutive for the periods indicated (in thousands):
| Three Months Ended |  | Six Months Ended
| June 27, 2025 |  | June 28, 2024 |  | June 27, 2025 |  | June 28, 2024
RSUs | 85 |  |  | 3 |  |  | 259 |  |  | 2 |
PRSUs | 36 |  |  | 41 |  |  | 131 |  |  | 41 |
Common Stock issuable upon conversion of the 2028 Convertible Notes | — |  |  | — |  |  | 825 |  |  | — |
The dilutive effect for the Company's 2028 Convertible Notes and 2030 Convertible Notes (collectively, “Convertible Notes”) is calculated using the if-converted method. The Company is required, pursuant to the indentures governing the Convertible Notes, to settle the principal amount of the Convertible Notes in cash and may elect to settle the remaining conversion obligation (the in-the-money portion) in cash, shares of the Common Stock, or a combination thereof. Because the principal amount of the Convertible Notes must be settled in cash, the dilutive impact of applying the if-converted method is limited to the in-the-money portion, if any, of the Convertible Notes. During the three and six months ended June 27, 2025, the potential conversion of the 2030 Convertible Notes was not included in the diluted earnings per share calculation because the average closing price of the Company's common stock for the applicable periods, which is used as the basis for determining the dilutive effect on earnings per share, was less than the conversion price of $150.96.

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