Earnings per Share

12 Months Ended

Dec. 30, 2023

Earnings Per Share [Abstract]

Earnings Per Share

Earnings per Share

The computations of basic and diluted earnings per share were as follows: 

	Year Ended
	December 30, 2023		December 31, 2022		January 1, 2022
Numerator
Net income applicable to common shares	$	29,735	$	464,402	$	596,615
Denominator
Basic weighted average common shares	59,432		60,351		64,028
Dilutive impact of share-based awards	176		366		481
Diluted weighted average common shares(1)	59,608		60,717		64,509
Basic earnings per common share	$	0.50	$	7.70	$	9.32
Diluted earnings per common share	$	0.50	$	7.65	$	9.25

(1)For 2023, 2022 and 2021, restricted stock units (“RSUs”) excluded from the diluted calculation as their inclusion would have been anti-dilutive were 299 thousand, 115 thousand and 9 thousand.