Quarterly report pursuant to Section 13 or 15(d)

(LOSS) EARNINGS PER SHARE (Tables)

v3.20.2
(LOSS) EARNINGS PER SHARE (Tables)
 6 Months Ended
Jun. 27, 2020
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
The following table presents the calculations of basic and diluted EPS:
Three Months Ended June Six Months Ended June
(In thousands, except per share amounts) 2020 2019 2020 2019
Net (loss) income $ (33,262)   $ 37,986    $ (35,974)   $ 53,399   
Basic weighted average shares outstanding 56,931    56,648    56,903    56,648   
Dilutive effect of stock-based awards —    272    —    131   
Diluted weighted average shares outstanding 56,931    56,920    56,903    56,779   
(Loss) earnings per share:
Basic (loss) earnings per common share $ (0.58)   $ 0.67    $ (0.63)   $ 0.94   
Diluted (loss) earnings per common share $ (0.58)   $ 0.67    $ (0.63)   $ 0.94