v3.22.2.2
EARNINGS PER SHARE (Tables)
9 Months Ended
Oct. 01, 2022
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Numerator and Denominator for Basic and Diluted Earnings Per Share

Set forth below is a reconciliation of the numerator and denominator for basic and diluted earnings per share calculations for the periods indicated:

Three Months Ended

Nine Months Ended

October 1, 2022

October 2, 2021

October 1, 2022

October 2, 2021

Numerator:

Net income

$

18,389

$

35,202

$

69,378

$

117,778

Denominator:

Weighted average number of common shares outstanding – Basic

17,668,435

17,596,588

17,643,473

17,582,009

 

Dilutive effect of options and restricted stock units outstanding under the Company’s employee compensation plans

157,362

181,589

126,647

167,888

 

Weighted average number of common shares outstanding – Diluted

17,825,797

17,778,177

17,770,120

17,749,897