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EARNINGS PER SHARE (“EPS”)
6 Months Ended
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 EndedSix 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 - Basic35,035 33,600 34,488 33,540 
Dilutive effect of share-based awards319 476 352 481 
Dilutive impact of Convertible Notes359 1,453 990 1,243 
Weighted average shares outstanding - Diluted35,713 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 EndedSix Months Ended
June 27,
2025
June 28,
2024
June 27,
2025
June 28,
2024
RSUs85 259 
PRSUs36 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.