Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Common Share - Schedule of Computation of Basic and Diluted Earnings Per Common Share (Details)

v3.20.2
Earnings Per Common Share - Schedule of Computation of Basic and Diluted Earnings Per Common Share (Details) - shares
 3 Months Ended 6 Months Ended
Jun. 28, 2020
Jun. 30, 2019
Jun. 28, 2020
Jun. 30, 2019
Earnings Per Share [Abstract]        
Basic weighted average shares outstanding 28,213,729 23,557,944 28,204,514 23,403,431
Dilutive stock awards [1],[2] 1,279,743   1,279,743  
Diluted weighted average shares outstanding 29,493,472 23,557,944 29,484,257 23,403,431
[1]

For the three and six months ended June 28, 2020, as a result of net income for the periods, dilutive earnings per share were calculated using the treasury stock method.  The dilutive stock awards have been calculated as 1,279,743 for the three and six months ended June 28, 2020, respectively, related to the outstanding unvested restricted stock units and incremental in-the-money stock options.
[2]

For the three and six months ended June 30, 2019, as a result of net loss for the period, dilutive stock awards are not presented as this would be antidilutive. Had there been net income for the periods, the dilutive stock awards would have been calculated as 1,251,626 for the three and six months ended June 30, 2019, related to outstanding unvested restricted stock units and incremental in-the-money stock options.