v3.26.1
Earnings Per Share
 6 Months Ended
Jun. 27, 2026
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
 
The following table sets forth the computation of basic and diluted earnings per share: 
 Three Months EndedSix Months Ended
(in thousands, except per share amounts)June 27, 2026June 28, 2025June 27, 2026June 28, 2025
Numerator:
Net income as reported$89,405 $57,342 $164,552 $100,913 
Denominator:
Weighted average shares outstanding
Basic25,305 24,755 25,190 24,760 
Effect of dilutive securities315 150 344 178 
Diluted25,620 24,905 25,534 24,938 
Earnings Per Share:
Basic earnings per share$3.53 $2.32 $6.53 $4.08 
Diluted earnings per share$3.49 $2.30 $6.44 $4.05 
 
Potential shares of common stock attributable to performance share units, stock options and restricted stock units excluded from the earnings per share calculation because their effect would be anti-dilutive were 329 and 429,709 for the three months ended June 27, 2026 and June 28, 2025, respectively, and 17,628 and 347,711 for the six months ended June 27, 2026 and June 28, 2025, respectively.
Share Repurchase Program

On April 25, 2024, the Company's Board of Directors authorized a three-year program to repurchase up to $300.0 million in the aggregate of shares of the Company's stock for the period from May 1, 2024 to April 30, 2027 ("2024 program"). The Company did not repurchase any shares of its common stock for the three and six months ended June 27, 2026. The Company repurchased 120,689 shares of its common stock totaling $27.4 million pursuant to the 2024 program during the first quarter of 2025. The Company did not repurchase any shares of its common stock for the three months ended June 28, 2025.