Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE (Tables)

v3.20.4
EARNINGS PER SHARE (Tables)
 12 Months Ended
Jan. 02, 2021
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share Basic and Diluted
The following table presents the calculations of basic and diluted EPS:
Year Ended December
(In thousands, except per share amounts) 2020 2019 2018
Net income $ 67,923  $ 96,654  $ 263,073 
Basic weighted average shares outstanding 56,994  56,688  56,648 
Dilutive effect of stock-based awards 864  521  — 
Diluted weighted average shares outstanding 57,858  57,209  56,648 
Earnings per share:
Basic earnings per share $ 1.19  $ 1.71  $ 4.64 
Diluted earnings per share $ 1.17  $ 1.69  $ 4.64