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Earnings Per Share (Tables)
12 Months Ended
Dec. 28, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the computation of basic and diluted earnings per share:
 
(in thousands, except per share amounts)
2019
 
2018
 
2017
Numerator:
 
 
 
 
 
Net income as reported
$
139,082

 
$
164,565

 
$
119,519

 
 
 
 
 
 
Denominator:
 
 
 
 
 
Weighted average shares outstanding
 
 
 
 
 
Basic
24,576

 
24,870

 
22,687

Effect of dilutive securities
242

 
365

 
244

Diluted
24,818


25,235


22,931

 
 
 
 
 
 
Earnings Per Share:
 
 
 
 
 
Basic earnings per share
$
5.66

 
$
6.62

 
$
5.27

Diluted earnings per share
$
5.60

 
$
6.52

 
$
5.21