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(Loss) Earnings Per Share (Tables) | 6 Months Ended
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Jun. 27, 2021
(Loss) Earnings Per Share |
Schedule of (Loss) Earnings Per Share, Basic and Diluted | The calculations of basic and diluted (loss) earnings per common share are as follows (in thousands, except per-share data): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Six Months Ended
​ | ​ | June 27, | ​ | June 28, | ​ | June 27, | ​ | June 28,
​ | ​ | 2021 |  | 2020 |  | 2021 |  | 2020
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic (loss) earnings per common share | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income attributable to the Company | ​ | $ | 32,254 | ​ | $ | 20,614 | ​ | $ | 66,137 | ​ | $ | 29,057
Dividends on redemption of Series B Convertible Preferred Stock | ​ | ​ | (109,852) | ​ | ​ | — | ​ | ​ | (109,852) | ​ | ​ | —
Dividends paid to participating securities | ​ | ​ | (2,300) | ​ | ​ | (3,347) | ​ | ​ | (5,827) | ​ | ​ | (6,818)
Net income attributable to participating securities | ​ |  | — | ​ |  | (1,560) | ​ |  | — | ​ |  | (1,306)
Net (loss) income attributable to common shareholders | ​ | $ | (79,898) | ​ | $ | 15,707 | ​ | $ | (49,542) | ​ | $ | 20,933
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic weighted average common shares outstanding | ​ |  | 34,729 | ​ |  | 32,335 | ​ |  | 33,739 | ​ |  | 32,214
Basic (loss) earnings per common share | ​ | $ | (2.30) | ​ | $ | 0.49 | ​ | $ | (1.47) | ​ | $ | 0.65
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Diluted (loss) earnings per common share | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net (loss) income attributable to common shareholders | ​ | $ | (79,898) | ​ | $ | 15,707 | ​ | $ | (49,542) | ​ | $ | 20,933
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted average common shares outstanding | ​ |  | 34,729 | ​ |  | 32,335 | ​ |  | 33,739 | ​ |  | 32,214
Dilutive effect of outstanding equity awards (a) | ​ |  | — | ​ |  | 284 | ​ |  | — | ​ |  | 230
Diluted weighted average common shares outstanding (b) | ​ |  | 34,729 | ​ |  | 32,619 | ​ |  | 33,739 | ​ |  | 32,444
Diluted (loss) earnings per common share | ​ | $ | (2.30) | ​ | $ | 0.48 | ​ | $ | (1.47) | ​ | $ | 0.65
(a) | Excludes 145 and 170 equity awards for the three and six months ended June 28, 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 at June 28, 2020 (none at June 27, 2021). 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 for June 28, 2020. This calculation was anti-dilutive for the June 29, 2020 period 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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