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Earnings Per Share (Tables)
6 Months Ended
Jun. 26, 2021
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings per Share

The following table sets forth the computation of basic and diluted earnings per share:

 

 

Three Months Ended

 

 

Six Months Ended

 

(in thousands, except per share data)

 

June 26, 2021

 

 

June 27, 2020

 

 

June 26, 2021

 

 

June 27, 2020

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

31,618

 

 

$

13,885

 

 

$

64,348

 

 

$

36,660

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average basic shares outstanding

 

 

31,942

 

 

 

32,269

 

 

 

31,995

 

 

 

32,312

 

Effect of stock-based compensation awards

 

 

147

 

 

 

69

 

 

 

141

 

 

 

76

 

Weighted average diluted shares outstanding

 

 

32,089

 

 

 

32,338

 

 

 

32,136

 

 

 

32,388

 

Earnings Per Share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.99

 

 

$

0.43

 

 

$

2.01

 

 

$

1.13

 

Diluted

 

$

0.99

 

 

$

0.43

 

 

$

2.00

 

 

$

1.13