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Income per Share (Tables)
6 Months Ended
Jul. 02, 2022
Earnings Per Share [Abstract]  
Schedule of Earnings (Loss) per Share
The reconciliation of basic net income and diluted net income per common share for the three and six month periods ended July 2, 2022 and July 3, 2021 were as follows:
Three Months EndedSix Months Ended
July 2, 2022July 3, 2021July 2, 2022July 3, 2021
(In thousands, except per share data)(In thousands, except per share data)
Net income$71,272 $113,458 $204,681 $175,318 
Weighted-average shares outstanding - basic9,324 9,549 9,522 9,507 
Dilutive effect of share-based awards196 226 188 150 
Weighted-average shares outstanding - diluted9,520 9,775 9,710 9,657 
Basic income per share$7.64 $11.88 $21.49 $18.44 
Diluted income per share$7.48 $11.61 $21.07 $18.15