NET INCOME PER COMMON SHARE (Tables)

3 Months Ended

Mar. 27, 2022

Earnings Per Share [Abstract]

Schedule of Net Income Per Share

Net income per common share calculated for the first quarter of 2022 and 2021 is as follows:


						First Quarter Ended
(thousands except per share data)						March 27, 2022						March 28, 2021
Numerator:
Net income for basic per share calculation						$	112,673					$	47,513
Effect of interest on potentially dilutive convertible notes, net of tax						317						—
Net income for dilutive per share calculation						$	112,990					$	47,513
Denominator:
Weighted average common shares outstanding - basic						22,517						22,737
Weighted average impact of potentially dilutive convertible notes						2,046						—
Weighted average impact of potentially dilutive securities						319						549
Weighted average common shares outstanding - diluted						24,882						23,286
Net income per common share:
Basic net income per common share						$	5.00					$	2.09
Diluted net income per common share						$	4.54					$	2.04