Net (Loss)/Income Per Share (Tables)

6 Months Ended

Jun. 30, 2020

Net (Loss)/Income Per Share

Schedule of basic and diluted net income per share

	Thirteen		Thirteen		Twenty-Six		Twenty-Six
	Weeks Ended		Weeks Ended		Weeks Ended		Weeks Ended
	June 30, 2020		July 2, 2019		June 30, 2020		July 2, 2019
	(In thousands, except per share data)
Basic net (loss)/income per common share:
Net (loss)/income	$	(56,539)	$	35,510	$	(192,702)	$	62,494
Dividends on preferred stock		(3,694)		—		(3,694)		—
Direct and incremental preferred stock issuance costs		(10,257)		—		(10,257)		—
Net (loss)/income available to common stockholders		(70,490)		35,510		(206,653)		62,494
Basic weighted-average shares outstanding		43,874		44,165		43,824		44,210
Basic net (loss)/income per common share	$	(1.61)	$	0.80	$	(4.72)	$	1.41
Diluted net (loss)/income per common share:
Net (loss)/income available to common stockholders		(70,490)		35,510		(206,653)		62,494
Basic weighted-average shares outstanding		43,874		44,165		43,824		44,210
Dilutive effect of equity awards (1)		—		621		—		661
Diluted weighted-average shares outstanding		43,874		44,786		43,824		44,871
Diluted net (loss)/income per common share	$	(1.61)	$	0.79	$	(4.72)	$	1.39