v3.26.1
Net Income Per Share
6 Months Ended
Jun. 28, 2026
Earnings Per Share [Abstract]  
Net Income Per Share Net Income Per Share
The calculation of basic and diluted net income per share was as follows:
Three Months EndedSix Months Ended
June 28,
2026
June 29,
2025
June 28,
2026
June 29,
2025
Net income$32,616 $55,110 $55,328 $94,342 
Common stock:
Weighted average basic shares outstanding190,426 191,949 190,359 196,296 
Dilutive effect of stock options and restricted shares
786 765 696 870 
Weighted average diluted shares outstanding191,212 192,714 191,055 197,166 
Basic and diluted net income per share$.17 $.29 $.29 $.48 

Basic net income per share for the three and six months ended June 28, 2026 and June 29, 2025 was computed by dividing net income amounts by the weighted average number of shares of common stock outstanding. Diluted net income per share was computed by dividing net income by the weighted average number of basic shares outstanding plus the potential common share effect of dilutive stock options and restricted shares. We excluded potential common shares of 12,516 and 12,221 for the three and six months ended June 28, 2026, respectively, and 7,990 and 8,139 for the three and six months ended June 29, 2025, respectively, from our diluted net income per share calculation as they would have had anti-dilutive effects.