The reconciliation of the numerator and denominator used to calculate basic earnings per share and diluted earnings per share is as follows:


	For the Quarter Ended				For the Two Quarters Ended
	June 30, 2025		July 1, 2024		June 30, 2025		July 1, 2024
	(In thousands, except per share amounts)
Net income	$	41,530	$	26,352	$	73,708	$	36,818

Basic weighted average shares		101,857		101,234		101,861		101,593
Dilutive effect of performance-based restricted stock units (PRUs), restricted stock units (RSUs), and stock options		3,016		2,655		2,840		2,400
Diluted shares		104,873		103,889		104,701		103,993

Earnings per share:
Basic earnings per share	$	0.41	$	0.26	$	0.72	$	0.36
Diluted earnings per share		0.40		0.25		0.70		0.35

PRUs, RSUs, and stock options to purchase 369 and 250 shares of common stock for the quarter and two quarters ended June 30, 2025, respectively, and 330 and 177 shares of common stock for the quarter and two quarters ended July 1, 2024, respectively, were not included in the computation of diluted earnings per share because the impact would be anti-dilutive. The PRUs would have had an anti-dilutive impact because the performance conditions had not been met during the applicable quarter and two quarters. The RSUs and stock options would have had an anti-dilutive impact because the total expected proceeds under the treasury stock method or the options’ exercise prices were greater than the average market price of common stock during the applicable quarter and two quarters.