Earnings (Loss) Per Share (Tables)

9 Months Ended

Sep. 25, 2022

Earnings Per Share [Abstract]

Schedule of basic and diluted earnings per common share

The calculations of basic and diluted earnings per common share are as follows:

	Three Months Ended				Nine Months Ended
	September 25, 2022		September 26, 2021		September 25, 2022		September 26, 2021
Basic earnings (loss) per common share (in thousands, except per share data)
Net income attributable to the Company	$	8,331	$	29,256	$	44,258	$	95,393
Dividends on redemption of Series B Convertible Preferred Stock	—		—		—		(109,852)
Dividends paid to participating securities	(86)		(137)		(228)		(5,964)
Net income attributable to participating securities	—		(158)		(34)		—
Net income (loss) attributable to common shareholders	$	8,245	$	28,961	$	43,996	$	(20,423)
Basic weighted average common shares outstanding	35,259		36,387		35,602		34,619
Basic earnings (loss) per common share	$	0.23	$	0.80	$	1.23	$	(0.59)
Diluted earnings (loss) per common share (in thousands, except per share data)
Net income (loss) attributable to common shareholders	$	8,245	$	28,961	$	43,996	$	(20,423)
Weighted average common shares outstanding	35,259		36,387		35,602		34,619
Dilutive effect of outstanding equity awards(a)	189		332		238		—
Diluted weighted average common shares outstanding	35,448		36,719		35,840		34,619
Diluted earnings (loss) per common share	$	0.23	$	0.79	$	1.22	$	(0.59)

(a) Excludes 58 and 47 equity awards for the three and nine months ended September 25, 2022, respectively, as the effect of including such awards would have been anti-dilutive (none for the three and nine months ended September 26, 2021).