Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.22.2
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2022
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 30, 2022 July 1, 2021 June 30, 2022 July 1, 2021
Net income $ 81,832  $ 82,916  $ 152,783  $ 158,712 
Basic weighted average shares outstanding 105,545  104,544  105,471  104,309 
Dilutive effect of share-based awards 1,755  2,721  1,960  2,877 
Diluted weighted average shares outstanding 107,300  107,265  107,431  107,186 
Basic earnings per share $ 0.78  $ 0.79  $ 1.45  $ 1.52 
Diluted earnings per share $ 0.76  $ 0.77  $ 1.42  $ 1.48 
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 30, 2022 July 1, 2021 June 30, 2022 July 1, 2021
Stock options 73  67  71  81 
Restricted stock 12  — 
Restricted stock units 318  225