Basic and diluted income per common share attributable to common stockholders are calculated using the weighted average number of common shares outstanding for the period. Diluted income per common share attributable to common stockholders is computed by dividing the income allocated to common stockholders by the weighted average number of fully diluted common shares outstanding. In periods of a net loss, no potential common shares are included in diluted shares outstanding as the effect is anti-dilutive.


	For the Quarter Ended				For the Year to Date Ended
	June 29, 2025		June 30, 2024		June 29, 2025		June 30, 2024
Net income attributable to Potbelly Corporation	$	2,488	$	34,712	$	2,426	$	31,945
Weighted average common stock outstanding-basic	30,192		29,926		30,041		29,903
Plus: Effect of potentially dilutive stock-based compensation awards	296		425		398		499
Plus: Effect of potential warrant exercise	323		363		346		440
Weighted average common shares outstanding-diluted	30,811		30,714		30,785		30,842
Income per share available to common stockholders-basic	$	0.08	$	1.16	$	0.08	$	1.07
Income per share available to common stockholders-diluted	$	0.08	$	1.13	$	0.08	$	1.04
Potentially dilutive shares that are considered anti-dilutive:
Shares	389		457		223		223
Warrants	—		—		—		—