NET INCOME PER COMMON SHARE (Tables)

6 Months Ended

Jun. 26, 2022

Earnings Per Share [Abstract]

Schedule of Net Income Per Share

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


						Second Quarter Ended												Six Months Ended
(thousands except per share data)						June 26, 2022						June 27, 2021						June 26, 2022						June 27, 2021
Numerator:
Net income for basic per share calculation						$	116,524					$	58,985					$	229,197					$	106,498
Effect of interest on potentially dilutive convertible notes, net of tax						481						—						939						—
Net income for dilutive per share calculation						$	117,005					$	58,985					$	230,136					$	106,498
Denominator:
Weighted average common shares outstanding - basic						22,230						22,948						22,369						22,844
Weighted average impact of potentially dilutive convertible notes						2,052						—						2,047						—
Weighted average impact of potentially dilutive securities						162						487						239						516
Weighted average common shares outstanding - diluted						24,444						23,435						24,655						23,360
Net income per common share:
Basic net income per common share						$	5.24					$	2.57					$	10.25					$	4.66
Diluted net income per common share						$	4.79					$	2.52					$	9.33					$	4.56