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Earnings Per Share (Tables)
3 Months Ended
Mar. 28, 2020
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: 
 
 
Three Months Ended
(in thousands, except per share amounts)
 
March 28, 2020
 
March 30, 2019
Numerator:
 
 
 
 
Net income as reported
 
$
24,644

 
$
36,989

 
 
 
 
 
Denominator:
 
 
 
 
Weighted average shares outstanding
 
 
 
 
Basic
 
24,393

 
24,717

Effect of dilutive securities
 
185

 
292

Diluted
 
24,578


25,009

 
 
 
 
 
Earnings Per Share:
 
 
 
 
Basic earnings per share
 
$
1.01

 
$
1.50

Diluted earnings per share
 
$
1.00

 
$
1.48