v3.25.2
Earnings Per Share (Tables)
6 Months Ended
Jun. 28, 2025
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Income Per Share

The following table sets forth the computation of basic and diluted net income per share. Stock options, stock appreciation rights, and restricted stock units are collectively referred to as “equity awards”. There were no anti-dilutive equity awards excluded from the calculation of diluted net income per share for the periods presented below.

 

 

 

13-Weeks Ended

 

 

26-Weeks Ended

 

 

 

June 28,
2025

 

 

June 29,
2024

 

 

June 28,
2025

 

 

June 29,
2024

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Numerator for basic and diluted net income per share – net income

 

$

400,822

 

 

$

300,630

 

 

$

733,591

 

 

$

576,591

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic net income per share – weighted-average common shares

 

 

192,523

 

 

 

192,074

 

 

 

192,534

 

 

 

191,982

 

 

 

 

 

 

 

 

 

 

 

 

 

Effect of dilutive equity awards

 

 

893

 

 

 

825

 

 

 

1,023

 

 

 

826

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for diluted net income per share – adjusted weighted-average common shares

 

 

193,416

 

 

 

192,899

 

 

 

193,557

 

 

 

192,808

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net income per share

 

$

2.08

 

 

$

1.57

 

 

$

3.81

 

 

$

3.00

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted net income per share

 

$

2.07

 

 

$

1.56

 

 

$

3.79

 

 

$

2.99