The following table presents a reconciliation of net income and the number of common shares used in the calculation of basic and diluted EPS for the three months ended August 2, 2025, and July 27, 2024: | | | | | | | | | | | | | | | | | Three Months Ended | | | | August 2,
2025 | | July 27,
2024 | | | | | | Earnings per share - basic | | | | | | | | | Net income (loss) | $ | 16,470 | | | $ | (4,946) | | | | | | | Weighted average shares outstanding | 48,902 | | | 46,311 | | | | | | | Basic earnings per share | $ | 0.34 | | | $ | (0.11) | | | | | | | | | | | | | | | Earnings per share - diluted | | | | | | | | | Net income (loss) | $ | 16,470 | | | $ | (4,946) | | | | | | | | | | | | | | | | | | | | | | | Diluted net income | $ | 16,470 | | | $ | (4,946) | | | | | | | | | | | | | | | Weighted average common shares outstanding | 48,902 | | | 46,311 | | | | | | | Dilution associated with stock compensation plans | 834 | | | — | | | | | | | | | | | | | | | Weighted average common shares outstanding, assuming dilution | 49,736 | | | 46,311 | | | | | | | | | | | | | | | Diluted earnings per share | $ | 0.33 | | | $ | (0.11) | | | | | |
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