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Earnings per Common Share (Tables)
3 Months Ended
Mar. 29, 2024
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 29,

 

 

March 31,

 

 

2024

 

 

2023

 

Numerators:

 

 

 

 

 

Net income

$

14,676

 

 

$

18,265

 

 

 

 

 

 

 

Denominators:

 

 

 

 

 

Weighted average common shares outstanding— basic

 

35,914

 

 

 

35,810

 

Dilutive common share equivalents

 

213

 

 

 

189

 

Weighted average common shares outstanding— diluted

 

36,127

 

 

 

35,999

 

Antidilutive common share equivalents excluded from above

 

71

 

 

 

113

 

 

 

 

 

 

 

Earnings per Common Share:

 

 

 

 

 

Basic

$

0.41

 

 

$

0.51

 

Diluted

$

0.41

 

 

$

0.51