Net Income per Share (Tables)

3 Months Ended

Mar. 28, 2025

Schedule of computation of basic and diluted net income (loss) per share

The following table sets forth the computation of basic and diluted net income per common share:


	Thirteen Weeks Ended
	March 28, 2025		March 29, 2024
Net income per share:
Basic	$	0.27	$	0.05
Diluted	$	0.25	$	0.05
Weighted average common shares:
Basic	38,695,791		37,820,725
Diluted	46,091,441		38,626,885

Schedule of reconciliation of net income (loss) per common share

Reconciliation of net income per common share:


	Thirteen Weeks Ended
	March 28, 2025		March 29, 2024
Numerator:
Net income	$	10,288	$	1,931
Add effect of dilutive securities
Interest on convertible notes, net of tax	1,212		—
Net income available to common shareholders	$	11,500	$	1,931
Denominator:
Weighted average basic common shares outstanding	38,695,791		37,820,725
Dilutive effect of unvested common shares	827,795		756,440
Dilutive effect of stock options and warrants	72,885		49,720
Dilutive effect of convertible notes	6,494,970		—
Weighted average diluted common shares outstanding	46,091,441		38,626,885

Schedule of dilutive securities that have been excluded from the calculation of diluted net income (loss) per common share

Potentially dilutive securities that have been excluded from the calculation of diluted net income per common share because the effect is anti-dilutive are as follows:


	Thirteen Weeks Ended
	March 28, 2025	March 29, 2024
Restricted share awards (“RSAs”) and restricted stock units (“RSUs”)	114,866	146,810

Convertible notes	—	7,392,817