11. Earnings Per Share

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Earnings per share is computed under the provisions of FASB ASC Topic 260, Earnings Per Share. Basic earnings per share is computed based on the weighted average number of outstanding shares of common stock during the period. Diluted earnings per share is computed based on the weighted average number of shares of common stock plus the effect of dilutive potential shares of common stock outstanding during the period using the treasury stock method, whereby

proceeds from such exercise and unamortized compensation, if any, on stock-based awards, are assumed to be used by the Company to purchase the shares of common stock at the average market price during the period. The dilutive effect of stock options and restricted stock is applicable only in periods of net income. PSUs are included in the calculation of diluted earnings per share to the extent that shares underlying such awards would be issuable if the end of the reporting period were the end of the contingency period. Market-based stock option awards are excluded from the calculation of diluted earnings per share until their respective market criteria has been achieved.

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The components of basic and diluted earnings per share of common stock, in the aggregate, for the thirteen weeks ended June 28, 2025 and June 29, 2024 were as follows:

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During the thirteen weeks ended June 28, 2025 and June 29, 2024, securities outstanding totaling approximately 77,875 and zero shares, respectively, comprised of RSUs, were excluded from the computation of weighted average diluted common shares outstanding, as the effect of doing so would have been anti-dilutive.