v3.25.1
EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 29, 2025
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following is a reconciliation of basic common shares outstanding to diluted common and common equivalent shares outstanding:
Fiscal quarter ended
March 29, 2025March 30, 2024
Weighted-average number of common and common equivalent shares outstanding:
Basic number of common shares outstanding35,312,090 35,860,740 
Dilutive effect of equity awards
1,923 3,843 
Diluted number of common and common equivalent shares outstanding35,314,013 35,864,583 
Earnings per share:
(dollars in thousands, except per share data)
Basic net income per common share:
Net income $15,539 $38,033 
Income allocated to participating securities
(285)(691)
Net income available to common shareholders$15,254 $37,342 
Basic net income per common share$0.43 $1.04 
Diluted net income per common share:
Net income $15,539 $38,033 
Income allocated to participating securities
(285)(691)
Net income available to common shareholders$15,254 $37,342 
Diluted net income per common share$0.43 $1.04 
Anti-dilutive awards excluded from diluted earnings per share computation(*)
389,307 448,870 
(*)The volume of anti-dilutive awards is, in part, due to the related unamortized compensation costs.