Earnings Per Share

9 Months Ended

Sep. 30, 2023

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

The shares used in the computation of the company’s basic and diluted earnings per common share are as follows:

	Three Months Ended		Nine Months Ended
	September 30, 2023	October 1, 2022	September 30, 2023	October 1, 2022
Weighted-average common shares outstanding	52,822,472	53,212,751	52,932,781	53,307,241
Effect of dilutive securities	1,079,707	937,026	1,057,822	926,291
Weighted-average common shares outstanding, assuming dilution	53,902,179	54,149,777	53,990,603	54,233,532

The dilutive effect of the potential exercise of outstanding stock options and stock-settled SARs to purchase common shares is calculated using the treasury stock method. As of both September 30, 2023, and October 1, 2022, there were no awards outstanding that were anti-dilutive. Performance-based equity awards are included in the diluted earnings per share calculation based on the attainment of the applicable performance metrics to date.