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EARNINGS PER SHARE
 3 Months Ended
Mar. 28, 2020
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
The following is a reconciliation of basic common shares outstanding to diluted common and common equivalent shares outstanding:
 
Fiscal quarter ended
 
March 28, 2020
 
March 30, 2019
Weighted-average number of common and common equivalent shares outstanding:
 
 
 
Basic number of common shares outstanding
43,355,635

 
45,070,796

Dilutive effect of equity awards(*)
—

 
300,239

Diluted number of common and common equivalent shares outstanding
43,355,635

 
45,371,035

 
 
 
 
Basic net (loss) income per common share (in thousands, except per share data):
 
 
 
Net (loss) income
$
(78,694
)
 
$
34,466

Income allocated to participating securities
(254
)
 
(291
)
Net (loss) income available to common shareholders
$
(78,948
)
 
$
34,175

 
 
 
 
Basic net (loss) income per common share
$
(1.82
)
 
$
0.76

 
 
 
 
Diluted net (loss) income per common share (in thousands, except per share data):
 
 
 
Net (loss) income
$
(78,694
)
 
$
34,466

Income allocated to participating securities
(254
)
 
(291
)
Net (loss) income available to common shareholders
$
(78,948
)
 
$
34,175

 
 
 
 
Diluted net (loss) income per common share
$
(1.82
)
 
$
0.75

 
 
 
 
Anti-dilutive awards excluded from diluted earnings per share computation
302,238

 
776,919

(*)
For the quarter ended March 28, 2020, there were 339,841 potentially dilutive equity awards that were excluded from the diluted earnings per share calculation because the Company incurred a net loss for this period and their inclusion would be anti-dilutive.