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EARNINGS PER SHARE
3 Months Ended
Jul. 02, 2022
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
 Three Months Ended June
(In thousands, except per share amounts)20222021
Earnings (loss) per share – basic:
Income (loss) from continuing operations
$(55,960)$153,972 
Weighted average common shares outstanding
387,563 391,351 
Earnings (loss) per share from continuing operations
$(0.14)$0.39 
Earnings (loss) per share – diluted:
Income (loss) from continuing operations
$(55,960)$153,972 
Weighted average common shares outstanding
387,563 391,351 
Incremental shares from stock options and other dilutive securities
— 2,777 
Adjusted weighted average common shares outstanding
387,563 394,128 
Earnings (loss) per share from continuing operations
$(0.14)$0.39 
In the three-month period ended June 2022, the dilutive impact of outstanding options and other securities was excluded from dilutive shares as a result of the Company's net loss for the period and, as such, their inclusion would have been anti-dilutive. Outstanding options to purchase approximately 2.9 million shares were excluded from the calculation of diluted earnings per share for the three-month period ended June 2021 because the effect of their inclusion would have been anti-dilutive. In addition, 0.6 million shares of performance-based RSUs were excluded from the calculation of diluted earnings per share for the three-month period ended June 2021 because these units were not considered to be contingent outstanding shares in the period.