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Earnings per Common Share (Tables)
3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings per Common Share

The following table sets forth the computation of basic and diluted earnings per common share (amounts in thousands, except per share data):

 

Three Months Ended

 

 

March 31,

 

 

April 1,

 

 

2023

 

 

2022

 

Numerators:

 

 

 

 

 

Consolidated net income

$

18,265

 

 

$

18,820

 

 

 

 

 

 

 

Denominators:

 

 

 

 

 

Weighted average common shares outstanding— basic

 

35,810

 

 

 

35,538

 

Dilutive potential common shares

 

189

 

 

 

243

 

Weighted average common shares outstanding— diluted

 

35,999

 

 

 

35,781

 

Antidilutive potential common shares excluded from above

 

113

 

 

 

93

 

 

 

 

 

 

 

Earnings per Common Share:

 

 

 

 

 

Basic

$

0.51

 

 

$

0.53

 

Diluted

$

0.51

 

 

$

0.53