Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE (Tables)

v3.20.1
EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 28, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share Basic and Diluted
The following table presents the computation of basic and diluted EPS:
 
Year Ended December
 
 
 
 
 
 
 
 
(In thousands, except per share amounts)
 
2019
 
 
2018
 
2017
Net income
 
$
96,654

 
 
$
263,073

 
$
116,191

Basic weighted average shares outstanding
 
56,688

 
 
56,648

 
56,648

Dilutive effect of stock-based awards
 
521

 
 

 

Diluted weighted average shares outstanding
 
57,209

 
 
56,648

 
56,648

Earnings per share:
 
 
 
 
 
 
 
Basic earnings per share
 
$
1.71

 
 
$
4.64

 
$
2.05

Diluted earnings per share
 
$
1.69

 
 
$
4.64

 
$
2.05