Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.22.1
EARNINGS PER SHARE (Tables)
3 Months Ended
Apr. 02, 2022
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
The following table presents the calculations of basic and diluted EPS:
Three Months Ended March
(In thousands, except per share amounts) 2022 2021
Net income $ 80,810  $ 64,463 
Basic weighted average shares outstanding 56,321  57,344 
Dilutive effect of stock-based awards 1,515  1,558 
Diluted weighted average shares outstanding 57,836  58,902 
Earnings per share:
Basic earnings per common share $ 1.43  $ 1.12 
Diluted earnings per common share $ 1.40  $ 1.09