| EARNINGS PER SHARE (“EPS”) The following table sets forth a reconciliation of the information used in computing basic and diluted EPS (in thousands, except per share amounts): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | July 3, 2026 | | June 27, 2025 | | July 3, 2026 | | June 27, 2025 | | Numerator for basic and diluted EPS: | | | | | | | | | Income from continuing operations | $ | 23,605 | | | $ | 37,009 | | | $ | 40,111 | | | $ | 14,544 | | | Loss from discontinued operations | — | | | — | | | — | | | (22) | | | Net income | $ | 23,605 | | | $ | 37,009 | | | $ | 40,111 | | | $ | 14,522 | | | | | | | | | | | Denominator for basic and diluted EPS: | | | | | | | | | Weighted average shares outstanding - Basic | 34,010 | | | 35,035 | | | 34,146 | | | 34,488 | | | Dilutive effect of share-based awards | 107 | | | 319 | | | 131 | | | 352 | | | Dilutive impact of Convertible Notes | 28 | | | 359 | | | 13 | | | 990 | | | Weighted average shares outstanding - Diluted | 34,145 | | | 35,713 | | | 34,290 | | | 35,830 | | | | | | | | | | | Basic earnings per share: | | | | | | | | | Income from continuing operations | $ | 0.69 | | | $ | 1.06 | | | $ | 1.17 | | | $ | 0.42 | | | Loss from discontinued operations | — | | | — | | | — | | | — | | | Basic earnings per share | $ | 0.69 | | | $ | 1.06 | | | $ | 1.17 | | | $ | 0.42 | | | | | | | | | | | Diluted earnings per share: | | | | | | | | | Income from continuing operations | $ | 0.69 | | | $ | 1.04 | | | $ | 1.17 | | | $ | 0.41 | | | Loss from discontinued operations | $ | — | | | $ | — | | | $ | — | | | $ | — | | | Diluted earnings per share | $ | 0.69 | | | $ | 1.04 | | | $ | 1.17 | | | $ | 0.41 | |
The following table sets forth potential shares of Common Stock that are not included in the diluted earnings per share calculation above because to do so would be anti-dilutive for the periods indicated (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | July 3, 2026 | | June 27, 2025 | | July 3, 2026 | | June 27, 2025 | | Stock options and RSUs | 56 | | | 85 | | | 68 | | | 259 | | | | | | | | | | | PRSUs | 105 | | | 36 | | | 94 | | | 131 | | Common Stock issuable upon conversion of the 2028 Notes | — | | | — | | | — | | | 825 | |
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