XML 40 R29.htm IDEA: XBRL DOCUMENT v3.23.1
EARNINGS PER SHARE (Tables)
 3 Months Ended
Apr. 01, 2023
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following is a reconciliation of basic common shares outstanding to diluted common and common equivalent shares outstanding:
Fiscal quarter ended
April 1, 2023April 2, 2022
Weighted-average number of common and common equivalent shares outstanding:
Basic number of common shares outstanding37,104,527 40,270,895 
Dilutive effect of equity awards
8,063 77,437 
Diluted number of common and common equivalent shares outstanding37,112,590 40,348,332 
Earnings per share:
(dollars in thousands, except per share data)
Basic net income per common share:
Net income $35,996 $67,933 
Income allocated to participating securities
(576)(921)
Net income available to common shareholders$35,420 $67,012 
Basic net income per common share$0.95 $1.66 
Diluted net income per common share:
Net income $35,996 $67,933 
Income allocated to participating securities
(576)(920)
Net income available to common shareholders$35,420 $67,013 
Diluted net income per common share$0.95 $1.66 
Anti-dilutive awards excluded from diluted earnings per share computation(*)
505,070 172,987 
(*)The volume of anti-dilutive awards is, in part, due to the related unamortized compensation costs.