Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.19.3
EARNINGS PER SHARE (Tables)
 9 Months Ended
Sep. 28, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
The following table presents the computation of basic and diluted EPS:
 
Three Months Ended September
 

Nine Months Ended September
 
 
 
 
 
 
 
 
 
 
 
 
(in thousands, except per share amounts)
 
2019
 
 
2018
 
 
2019
 
 
2018
Net income
 
$
14,502

 
 
$
71,018

 
 
$
67,901

 
 
$
211,172

Basic weighted average shares outstanding
 
56,694

 
 
56,648

 
 
56,663

 
 
56,648

Dilutive effect of stock-based awards
 
707

 
 
—

 
 
326

 
 
—

Diluted weighted average shares outstanding
 
57,401

 
 
56,648

 
 
56,989

 
 
56,648

Earnings per share:
 
 
 
 
 
 
 

 
 

Basic earnings per share
 
$
0.26

 
 
$
1.25

 
 
$
1.20

 
 
$
3.73

Diluted earnings per share
 
0.25

 
 
1.25

 
 
1.19

 
 
3.73

 
 
 
 
 
 
 
 
 
 
 
 
Anti-dilutive stock-based awards excluded from diluted calculation
 
323

 
 
—

 
 
164

 
 
—