Earnings Per Share (Tables)

12 Months Ended

Jan. 03, 2021

Earnings Per Share [Abstract]

Distributed and Undistributed Earnings

The following tables show distributed and undistributed earnings:

	Fiscal Year
Earnings (Loss) Per Share	2020		2019		2018
Basic earnings (loss) per share:
Distributed earnings	$	0.10	$	0.26	$	0.26
Undistributed earnings (loss)	(1.33)		1.08		0.58
Total	$	(1.23)	$	1.34	$	0.84
Diluted earnings (loss) per share:
Distributed earnings	$	0.10	$	0.26	$	0.26
Undistributed earnings (loss)	(1.33)		1.08		0.58
Total	$	(1.23)	$	1.34	$	0.84

Schedule of Net Income and Weighted Average Shares for Basic and Diluted EPS

The following table presents net income that was attributable to participating securities:

	Fiscal Year
	2020		2019		2018
	(in millions)
Net income attributable to participating securities	$	—	$	0.6	$	0.5

The weighted average shares for basic and diluted EPS were as follows:

	Fiscal Year
	2020	2019	2018
	(in thousands)
Weighted average shares outstanding	58,110	58,475	58,995
Participating securities	437	468	549
Shares for basic earnings per share	58,547	58,943	59,544
Dilutive effect of stock options	—	5	22
Shares for diluted earnings per share	58,547	58,948	59,566