Earnings Per Share (Tables)

3 Months Ended

Mar. 28, 2024

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Earnings Per Share

The following table shows the computation of basic and diluted earnings per share for the periods presented:

	Thirteen Weeks Ended
in thousands, except per share data	March 28, 2024		March 30, 2023
Net income	$	50,032	$	71,524
Basic weighted average shares outstanding	106,770		105,962
Dilutive effect of share-based awards	1,485		1,756
Diluted weighted average shares outstanding	108,255		107,718
Basic earnings per share	$	0.47	$	0.67
Diluted earnings per share	$	0.46	$	0.66

Schedule of Potentially Dilutive Securities Excluded from Computation of Diluted Earnings Per Share

The following potentially dilutive securities were excluded from the computation of diluted earnings per share as a result of their anti-dilutive effect:

	Thirteen Weeks Ended
in thousands	March 28, 2024	March 30, 2023
Stock options	2	62
Restricted stock units	2	291