v3.26.3
Earnings Per Share (EPS)
 9 Months Ended
Oct. 02, 2026
Earnings Per Share [Abstract]  
Earnings Per Share (EPS) Earnings Per Share (EPS)
The following table sets forth the computation of basic and diluted EPS:
Third Quarter EndedNine Months Ended
October 2,September 26,October 2,September 26,
(Thousands, except per share amounts)2026202520262025
Numerator for basic and diluted EPS:
Net income$38,332 $25,412 $96,464 $68,250 
Denominator:
Denominator for basic EPS:
Weighted-average shares outstanding20,848 20,731 20,810 20,763 
Effect of dilutive securities:
Stock appreciation rights82 49 82 40 
Restricted stock units125 52 123 45 
Performance-based restricted stock units108 51 101 45 
Diluted potential common shares315 152 306 130 
Denominator for diluted EPS:
Adjusted weighted-average shares outstanding21,163 20,883 21,116 20,893 
Basic EPS$1.84 $1.23 $4.64 $3.29 
Diluted EPS$1.81 $1.22 $4.57 $3.27 

Adjusted weighted-average shares outstanding - diluted exclude securities totaling 57 and 158,282 for the quarters ended October 2, 2026 and September 26, 2025, respectively, and 44,857 and 149,694 for the nine months ended October 2, 2026 and September 26, 2025, respectively. These securities are primarily related to restricted stock units (RSUs) and stock appreciation rights (SARs) with fair market values and exercise prices greater than the average market price of the Company's common shares and were excluded from the dilution calculation as the effect would have been anti-dilutive.