v3.26.1
EARNINGS PER SHARE (“EPS”) (Tables)
6 Months Ended
Jul. 03, 2026
Earnings Per Share [Abstract]  
Schedule of Calculation of Numerator and Denominator in Earnings Per Share
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 EndedSix 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 - Basic34,010 35,035 34,146 34,488 
Dilutive effect of share-based awards107 319 131 352 
Dilutive impact of Convertible Notes28 359 13 990 
Weighted average shares outstanding - Diluted34,145 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 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
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 EndedSix Months Ended
July 3,
2026
June 27,
2025
July 3,
2026
June 27,
2025
Stock options and RSUs56 85 68 259 
PRSUs105 36 94 131 
Common Stock issuable upon conversion of
   the 2028 Notes
— — — 825