v3.26.1
Earnings Per Share (EPS)
 3 Months Ended
Apr. 03, 2026
Earnings Per Share [Abstract]  
Earnings Per Share (EPS) Earnings Per Share (EPS)
The following table sets forth the computation of basic and diluted EPS:
First Quarter Ended
April 3,March 28,
(Thousands, except per share amounts)20262025
Numerator for basic and diluted EPS:
Net income$19,373 $17,698 
Denominator:
Denominator for basic EPS:
Weighted-average shares outstanding20,762 20,780 
Effect of dilutive securities:
Stock appreciation rights76 45 
Restricted stock units106 53 
Performance-based restricted stock units63 35 
Diluted potential common shares245 133 
Denominator for diluted EPS:
Adjusted weighted-average shares outstanding21,007 20,913 
Basic EPS$0.93 $0.85 
Diluted EPS$0.92 $0.85 
Adjusted weighted-average shares outstanding - diluted exclude securities totaling 77,423 and 141,249 for the quarters ended April 3, 2026 and March 28, 2025, respectively. These securities are primarily related to restricted stock units (RSUs) and stock appreciation rights (SARs) with fair market values and exercise prices greater than the average market price of the Company's common shares and were excluded from the dilution calculation as the effect would have been anti-dilutive.