Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER SHARE (Tables)

v3.21.1
EARNINGS (LOSS) PER SHARE (Tables)
3 Months Ended
Apr. 03, 2021
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
The following table presents the calculations of basic and diluted EPS:
Three Months Ended March
(In thousands, except per share amounts) 2021 2020
Net income (loss) $ 64,463  $ (2,712)
Basic weighted average shares outstanding 57,344  56,875 
Dilutive effect of stock-based awards 1,558  — 
Diluted weighted average shares outstanding 58,902  56,875 
Earnings (loss) per share:
Basic earnings (loss) per common share $ 1.12  $ (0.05)
Diluted earnings (loss) per common share $ 1.09  $ (0.05)