Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE

v3.19.2
EARNINGS PER SHARE
 3 Months Ended
Mar. 30, 2019
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE

Earnings per share was calculated based on the 56,647,561 shares of the Company's common stock distributed to VF shareholders on May 22, 2019. The same number of shares is being utilized for the calculation of basic and diluted earnings per share for all periods presented prior to the Separation.


Three Months Ended March
 
 
 
 
 
 
(In thousands, except per share amounts)

2019

 
2018
Net income

$
15,413


 
$
79,696





 

Per share data



 

Basic earnings per share

$
0.27


 
$
1.41

Diluted earnings per share
 
$
0.27

 
 
$
1.41

Weighted average number of shares outstanding - basic and diluted

56,647,561


 
56,647,561