v3.25.2
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Reconciliation of Numerator and Denominator Used to Calculate Basic Earnings per Share and Diluted Earnings per Share from Continuing Operations

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