Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.23.2
Earnings Per Share (Tables)
 6 Months Ended
Jun. 29, 2023
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Share
The following table shows the computation of basic and diluted earnings per share:
Thirteen Weeks Ended Twenty-six Weeks Ended
in thousands, except per share data June 29, 2023 June 30, 2022 June 29, 2023 June 30, 2022
Net income $ 71,452  $ 81,832  $ 142,976  $ 152,783 
Basic weighted average shares outstanding 106,206  105,545  106,084  105,471 
Dilutive effect of share-based awards 1,599  1,755  1,680  1,960 
Diluted weighted average shares outstanding 107,805  107,300  107,764  107,431 
Basic earnings per share $ 0.67  $ 0.78  $ 1.35  $ 1.45 
Diluted earnings per share $ 0.66  $ 0.76  $ 1.33  $ 1.42 
Schedule of Potentially Dilutive Securities Excluded from Computation of Diluted Earnings Per Share The following potentially dilutive securities were excluded from the computation of diluted earnings per share as a result of their anti-dilutive effect:
Thirteen Weeks Ended Twenty-six Weeks Ended
in thousands June 29, 2023 June 30, 2022 June 29, 2023 June 30, 2022
Stock options 56  73  56  71 
Restricted stock —  12  —  — 
Restricted stock units 251  318  255  225