v3.26.3
Earnings Per Share
9 Months Ended
Sep. 26, 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 EndedNine Months Ended
(in thousands, except per share amounts)September 26, 2026September 27, 2025September 26, 2026September 27, 2025
Numerator:
Net income as reported$115,377 $69,522 $279,929 $170,435 
Denominator:
Weighted average shares outstanding
Basic25,401 24,837 25,260 24,786 
Effect of dilutive securities273 265 323 203 
Diluted25,674 25,102 25,583 24,989 
Earnings Per Share:
Basic earnings per share$4.54 $2.80 $11.08 $6.88 
Diluted earnings per share$4.49 $2.77 $10.94 $6.82 
 
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 1,158 and 101,354 for the three months ended September 26, 2026 and September 27, 2025, respectively, and 654 and 322,843 for the nine months ended September 26, 2026 and September 27, 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 common 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 nine months ended September 26, 2026. The Company did not repurchase any shares of its common stock for the three months ended September 27, 2025. During the nine months ended September 27, 2025, the Company repurchased 120,689 shares of its common stock totaling $27.4 million pursuant to the 2024 program.