Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.21.2
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jul. 03, 2021
Accounting Policies [Abstract]  
Computation of basic and diluted earnings per common share

The following table presents the computation of basic and diluted earnings per common share (in thousands, except per share data):

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

July 3, 2021

 

 

June 27, 2020

 

 

July 3, 2021

 

 

June 27, 2020

 

Net income (loss)

 

$

30,694

 

 

$

12,908

 

 

$

53,282

 

 

$

(4,315

)

Basic and diluted weighted average shares outstanding

 

 

32,237

 

 

 

32,081

 

 

 

32,215

 

 

 

32,071

 

Basic and diluted net income (loss) per common share

 

$

0.95

 

 

$

0.40

 

 

$

1.65

 

 

$

(0.13

)