Earnings Per Share

3 Months Ended

Mar. 30, 2024

10 Earnings Per Share

Basic and diluted EPS calculations are detailed as follows (in thousands, except per share data):


	Three Months Ended March 30, 2024
	Net Income (Numerator)		Weighted- Average Shares (Denominator)		Per Share Amount

Net income per basic common share	$	102,196		59,232	$	1.73
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities		—		199		(0.01	)

Net income per diluted common share	$	102,196		59,431	$	1.72


	Three Months Ended April 1, 2023
	Net Income (Numerator)		Weighted- Average Shares (Denominator)		Per Share Amount

Net income per basic common share	$	140,923		59,023	$	2.39
Effect of dilutive stock option, restricted stock, performance stock unit and restricted stock unit securities		—		294		(0.01	)

Net income per diluted common share	$	140,923		59,317	$	2.38

For the three months ended March 30, 2024 and April 1, 2023, the

Company had approximately

326,000

and approximately

140,000

stock options that were antidilutive, respectively, due to having higher exercise prices than the Company’s average stock price during the applicable period. These securities were not included in the computation of diluted EPS. The effect of dilutive securities was calculated using the treasury stock method.