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Earnings Per Share (Tables)
6 Months Ended
Jul. 04, 2021
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Common Share

The following table sets forth the computation of basic and diluted earnings per common share:

 

 

13 Weeks Ended

 

 

26 Weeks Ended

 

 

 

July 4,

2021

 

 

June 28,

2020

 

 

July 4,

2021

 

 

June 28,

2020

 

 

 

(In thousands, except per share data)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

36,803

 

 

$

11,136

 

 

$

58,349

 

 

$

6,525

 

Weighted-average shares of common stock

   outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

21,746

 

 

 

21,252

 

 

 

21,582

 

 

 

21,200

 

Dilutive effect of common stock

   equivalents arising from share option,

   nonvested share and nonvested share

   unit awards

 

 

847

 

 

 

106

 

 

 

925

 

 

 

156

 

Diluted

 

 

22,593

 

 

 

21,358

 

 

 

22,507

 

 

 

21,356

 

Basic earnings per share

 

$

1.69

 

 

$

0.52

 

 

$

2.70

 

 

$

0.31

 

Diluted earnings per share

 

$

1.63

 

 

$

0.52

 

 

$

2.59

 

 

$

0.31

 

Antidilutive share option awards excluded

   from diluted calculation

 

 

 

 

 

778

 

 

 

12

 

 

 

694

 

Antidilutive nonvested share and nonvested

   share unit awards excluded from diluted

   calculation

 

 

4

 

 

 

315

 

 

 

2

 

 

 

359