XML 38 R27.htm IDEA: XBRL DOCUMENT v3.23.2
Earnings per Common Share (Tables)
6 Months Ended
Jun. 30, 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

 

 

Six Months Ended

 

 

June 30,

 

 

July 1,

 

 

June 30,

 

 

July 1,

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Numerators:

 

 

 

 

 

 

 

 

 

 

 

Consolidated net income

$

20,879

 

 

$

17,479

 

 

$

39,144

 

 

$

36,299

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominators:

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding— basic

 

35,851

 

 

 

35,609

 

 

 

35,830

 

 

 

35,573

 

Dilutive potential common shares

 

181

 

 

 

324

 

 

 

185

 

 

 

284

 

Weighted average common shares outstanding— diluted

 

36,032

 

 

 

35,933

 

 

 

36,015

 

 

 

35,857

 

Antidilutive potential common shares excluded from above

 

141

 

 

 

146

 

 

 

127

 

 

 

120

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per Common Share:

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.58

 

 

$

0.49

 

 

$

1.09

 

 

$

1.02

 

Diluted

$

0.58

 

 

$

0.49

 

 

$

1.09

 

 

$

1.01