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Earnings Per Share (Tables)
3 Months Ended
Mar. 27, 2021
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Share

The Company’s basic and diluted earnings (loss) per share amounts are as follows:

 

 

 

 

Three Months Ended

 

 

 

March 27,

 

 

March 28,

 

 

 

2021

 

 

2020

 

Numerator:

 

 

 

 

 

 

 

 

Net income (loss)

 

$

24,113

 

 

$

(4,404

)

Denominator:

 

 

 

 

 

 

 

 

Basic earnings (loss) per share - weighted average shares

   outstanding

 

 

49,000

 

 

 

50,121

 

Effect of potential dilutive securities:

 

 

 

 

 

 

 

 

Employee stock options, employee stock purchase grants and

   restricted stock units - dilutive shares

 

 

572

 

 

 

 

Diluted earnings (loss) per share - weighted average shares

   outstanding

 

 

49,572

 

 

 

50,121

 

Earnings (loss) per share:

 

 

 

 

 

 

 

 

Basic

 

$

0.49

 

 

$

(0.09

)

Diluted

 

$

0.49

 

 

$

(0.09

)