Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER SHARE (Tables)

v3.21.2
EARNINGS (LOSS) PER SHARE (Tables)
 6 Months Ended
Jul. 03, 2021
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) 2021 2020 2021 2020
Net income (loss) $ 23,637  $ (33,262) $ 88,100  $ (35,974)
Basic weighted average shares outstanding 57,612  56,931  57,478  56,903 
Dilutive effect of stock-based awards 1,744  —  1,651  — 
Diluted weighted average shares outstanding 59,356  56,931  59,129  56,903 
Earnings (loss) per share:
Basic earnings (loss) per common share $ 0.41  $ (0.58) $ 1.53  $ (0.63)
Diluted earnings (loss) per common share $ 0.40  $ (0.58) $ 1.49  $ (0.63)