| Earnings Per Share |
Earnings Per Share Basic earnings per share excludes dilution and is computed by dividing net income by the weighted average number of common shares outstanding during the reported period. Diluted earnings per share is computed by dividing net income by the weighted average number of common shares outstanding, inclusive of the dilutive effect of time-vesting and performance-vesting restricted stock units, during the reported period. The computation of basic earnings per share and diluted earnings per share adjusted to give effect to the stock split is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Thirteen Weeks Ended | | Twenty-Six Weeks Ended | | June 28, 2025 | | June 29, 2024 | | June 28, 2025 | | June 29, 2024 | | Basic earnings per share: | | | | | | | | Net income attributable to common stockholders | $ | 37,826 | | | $ | 54,585 | | | $ | 107,015 | | | $ | 104,137 | | | Weighted-average number of common shares - basic | 234,838,391 | | | 222,400,000 | | | 234,831,986 | | | 222,400,000 | | | Basic earnings per share | $ | 0.16 | | | $ | 0.25 | | | $ | 0.46 | | | $ | 0.47 | | | | | | | | | | | Diluted earnings per share: | | | | | | | | | Net income attributable to common stockholders | $ | 37,826 | | | $ | 54,585 | | | $ | 107,015 | | | $ | 104,137 | | | | | | | | | | | Weighted-average number of common shares - basic | 234,838,391 | | | 222,400,000 | | | 234,831,986 | | | 222,400,000 | | | Effect of dilutive securities | | | | | | | | | Restricted stock units | 90,280 | | | — | | | 102,728 | | | — | | | Weighted-average number of common shares - diluted | 234,928,671 | | | 222,400,000 | | | 234,934,714 | | | 222,400,000 | | | | | | | | | | | Diluted earnings per share | $ | 0.16 | | | $ | 0.25 | | | $ | 0.46 | | | $ | 0.47 | | | | | | | | | | | Anti-dilutive shares excluded from diluted earnings per share calculation | 535,738 | | | — | | | 267,869 | | | — | |
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