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Earnings Per Share (Tables) | 3 Months Ended
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Mar. 28, 2021
Earnings Per Share |
Schedule of Earnings (Loss) Per Share, Basic and Diluted | The calculations of basic and diluted earnings per common share are as follows (in thousands, except per-share data): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended
​ | ​ | March 28, | ​ | March 29,
​ | ​ | 2021 |  | 2020
​ | ​ | ​ | ​ | ​ | ​ | ​
Basic earnings per common share | ​ | ​ | ​ | ​ | ​ | ​
Net income attributable to the Company | ​ | $ | 33,883 | ​ | $ | 8,443
Dividends paid to participating securities and accretion | ​ | ​ | (3,527) | ​ | ​ | (3,471)
Net income attributable to participating securities | ​ |  | (3,243) | ​ |  | —
Net income attributable to common shareholders | ​ | $ | 27,113 | ​ | $ | 4,972
​ | ​ | ​ | ​ | ​ | ​ | ​
Basic weighted average common shares outstanding | ​ |  | 32,756 | ​ |  | 32,093
Basic earnings per common share | ​ | $ | 0.83 | ​ | $ | 0.15
​ | ​ | ​ | ​ | ​ | ​ | ​
Diluted earnings per common share | ​ | ​ | ​ | ​ | ​ | ​
Net income attributable to common shareholders | ​ | $ | 27,113 | ​ | $ | 4,972
​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted average common shares outstanding | ​ |  | 32,756 | ​ |  | 32,093
Dilutive effect of outstanding equity awards (a) | ​ |  | 334 | ​ |  | 227
Diluted weighted average common shares outstanding (b) | ​ |  | 33,090 | ​ |  | 32,320
Diluted earnings per common share | ​ | $ | 0.82 | ​ | $ | 0.15
(a) | Excludes 18 and 382 equity awards for the three months ended March 28, 2021 and March 29, 2020 respectively, as the effect of including such awards would have been anti-dilutive.
(b) | The Company had 252.5 shares of Series B Preferred Stock outstanding as of March 28, 2021 and March 29, 2020. For the fully diluted calculation, the Series B Preferred stock dividends were added back to net income attributable to common shareholders. The Company then applied the if-converted method to calculate dilution on the Series B Preferred Stock, which resulted in 5.0 million additional common shares. This calculation was anti-dilutive for both periods presented and as such was excluded.

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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 http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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