Net Income Per Share (Tables)

6 Months Ended

Jul. 01, 2025

Net Income Per Share

Schedule of basic and diluted net income per share


		Thirteen			Thirteen			Twenty-Six			Twenty-Six
		Weeks Ended			Weeks Ended			Weeks Ended			Weeks Ended
		July 1, 2025			July 2, 2024			July 1, 2025			July 2, 2024

		(In thousands, except per share data)
Net income		$	54,812		$	52,444		$	87,753		$	85,635

Basic weighted-average shares outstanding			46,391			47,702			46,958			47,726
Dilutive effect of equity awards ⁽¹⁾			1,711			1,073			1,721			959
Diluted weighted-average shares outstanding			48,102			48,775			48,679			48,685

Basic net income per share		$	1.18		$	1.10		$	1.87		$	1.79

Diluted net income per share		$	1.14		$	1.08		$	1.80		$	1.76

(1)

Shares of common stock equivalents related to outstanding stock options, restricted stock and restricted stock units of 0.8 million and 2.6 million for July 1, 2025 and July 2, 2024, respectively, were excluded from the diluted calculation due to their anti-dilutive effect. No shares of common stock equivalents related to the 2026 Notes or 2030 Notes were included in the diluted calculation due to their anti-dilutive effect.