XML 24 R13.htm IDEA: XBRL DOCUMENT v3.24.3
Earnings Per Share
 9 Months Ended
Sep. 29, 2024
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The following table sets forth the reconciliation of the numerator and the denominator of basic earnings per share and diluted earnings per share for the thirteen and thirty-nine weeks ended September 29, 2024 and September 24, 2023:
13 Weeks Ended39 Weeks Ended
(U.S. Dollars presented in millions, except per share amounts)September 29, 2024September 24, 2023September 29, 2024September 24, 2023
Numerator:
Numerator for basic and diluted earnings per share - Net income$29.1 $59.7 $111.9 $145.9 
Denominator:
Denominator for basic earnings per share - weighted average shares outstanding127.1 127.6 127.0 128.1 
Effect of dilutive securities - stock-based awards3.7 2.7 3.8 1.8 
Denominator for diluted earnings per share - weighted average shares outstanding130.8 130.3 130.8 129.9 
Earnings per share:
Basic$0.23 $0.47 $0.88 $1.14 
Diluted$0.22 $0.46 $0.86 $1.12 

Approximately 0.3 million and 0.8 million shares were excluded from the calculation of diluted earnings per share for the thirteen and thirty-nine weeks ended September 24, 2023, respectively, because their inclusion would have been anti-dilutive.