v3.26.1
EARNINGS PER SHARE
6 Months Ended
Jul. 04, 2026
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
The calculations of basic and diluted earnings per share ("EPS") are based on income from continuing operations divided by the basic weighted average number of common shares and diluted weighted average number of common shares outstanding, respectively.
The following table presents the calculations of basic and diluted EPS from continuing operations:
Three Months Ended JuneSix Months Ended June
(In thousands, except per share amounts)2026202520262025
Income from continuing operations$57,021 $58,696 $118,059 $68,945 
Basic weighted average shares outstanding55,089 55,560 55,156 55,458 
Dilutive effect of stock-based awards406 415 590 559 
Diluted weighted average shares outstanding55,495 55,975 55,746 56,017 
Earnings per share:
Basic earnings per share from continuing operations$1.04 $1.06 $2.14 $1.25 
Diluted earnings per share from continuing operations$1.03 $1.05 $2.12 $1.23 
For the three and six months ended June 2026 and June 2025, an immaterial number of shares were excluded from the dilutive earnings per share calculations because the effect of their inclusion would have been anti-dilutive.
For the three and six months ended June 2026, a total of 0.5 million and 0.4 million shares, respectively, of performance-based restricted stock units were excluded from the calculations of diluted earnings per share as the units were not considered to be contingent outstanding shares. For the three and six months ended June 2025, a total of 0.6 million shares of performance-based restricted stock units were excluded from the calculations of diluted earnings per share as the units were not considered to be contingent outstanding shares.