Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.22.2.2
EARNINGS PER SHARE (Tables)
 9 Months Ended
Oct. 01, 2022
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
The following table presents the calculations of basic and diluted EPS:
Three Months Ended September Nine Months Ended September
(In thousands, except per share amounts) 2022 2021 2022 2021
Net income $ 51,083  $ 63,413  $ 193,888  $ 151,513 
Basic weighted average shares outstanding 55,428  57,648  55,830  57,535 
Dilutive effect of stock-based awards 1,122  1,634  1,230  1,645 
Diluted weighted average shares outstanding 56,550  59,282  57,060  59,180 
Earnings per share:
Basic earnings per common share $ 0.92  $ 1.10  $ 3.47  $ 2.63 
Diluted earnings per common share $ 0.90  $ 1.07  $ 3.40  $ 2.56