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NET INCOME PER CLASS A COMMON SHARE
4 Months Ended
Jun. 14, 2025
Earnings Per Share [Abstract]  
NET INCOME PER CLASS A COMMON SHARE NET INCOME PER CLASS A COMMON SHARE
Basic net income per Class A common share is computed by dividing net income by the weighted average number of Class A common shares outstanding for the period, including Class A common shares to be issued with no remaining contingencies prior to issuance. Diluted net income per Class A common share is computed based on the weighted average number of shares of Class A common stock outstanding during the period, adjusted for the potentially dilutive effect of unvested restricted stock units ("RSUs") and restricted common stock ("RSAs")
calculated under the treasury stock method. Performance-based RSUs and RSAs are considered dilutive when the related performance criterion has been met.

The components of basic and diluted net income per Class A common share were as follows (in millions, except per share data):
16 weeks ended
June 14,
2025
June 15,
2024
Net income$236.4 $240.7 
Weighted average Class A common shares outstanding - Basic (1)573.0 578.6 
Dilutive effect of restricted stock units and awards2.4 2.7 
Weighted average Class A common shares outstanding - Diluted (2)575.4 581.3 
Basic net income per Class A common share$0.41 $0.42 
Diluted net income per Class A common share0.41 0.41 
(1) The number of Class A common shares remaining to be issued for the 16 weeks ended June 14, 2025 and June 15, 2024 were not material.
(2) The number of potential Class A common shares outstanding related to RSUs and RSAs that were antidilutive for the 16 weeks ended June 14, 2025 and June 15, 2024 were not material.