v3.26.1
EARNINGS PER SHARE (Tables)
 6 Months Ended
Jul. 04, 2026
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 endedTwo fiscal quarters ended
July 4, 2026June 28, 2025July 4, 2026June 28, 2025
Weighted-average number of common and common equivalent shares outstanding:
Basic number of common shares outstanding
35,591,295 35,409,988 35,542,362 35,361,039 
Dilutive effect of equity awards8,865 — 5,093 605 
Diluted number of common and common equivalent shares outstanding35,600,160 35,409,988 35,547,455 35,361,644 
Earnings per share:
(dollars in thousands, except per share data)
Basic net income per common share:
Net income $104,958 $446 $119,294 $15,985 
Income allocated to participating securities
(2,846)(231)(3,332)(866)
Net income available to common shareholders$102,112 $215 $115,962 $15,119 
Basic net income per common share$2.87 $0.01 $3.26 $0.43 
Diluted net income per common share:
Net income $104,958 $446 $119,294 $15,985 
Income allocated to participating securities
(2,845)(231)(3,332)(866)
Net income available to common shareholders$102,113 $215 $115,962 $15,119 
Diluted net income per common share$2.87 $0.01 $3.26 $0.43 
Anti-dilutive awards excluded from diluted earnings per share computation(*)
124,246 269,133 134,419 316,202
(*)The anti-dilutive shares excluded from diluted net income per common share primarily relate to out-of-the-money stock options.