v3.26.1
EARNINGS PER SHARE
9 Months Ended
Feb. 22, 2026
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
The following table sets forth the computation of basic and diluted earnings per common share for the periods presented:
Thirteen Weeks EndedThirty-Nine Weeks Ended
(in millions, except per share amounts)February 22,
2026
February 23,
2025
February 22,
2026
February 23,
2025
Numerator:
Net income$54.0 $146.0 $180.4 $237.3 
Denominator:
Basic weighted average common shares outstanding139.0 141.9 139.3 142.8 
Add: Dilutive effect of employee incentive plans (a)0.3 0.5 0.3 0.4 
Diluted weighted average common shares outstanding139.3 142.4 139.6 143.2 
Earnings per share:
Basic$0.39 $1.03 $1.30 $1.66 
Diluted$0.39 $1.03 $1.29 $1.66 
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(a)Potential dilutive shares of common stock under employee incentive plans are determined by applying the treasury stock method to the assumed exercise of outstanding stock options and the assumed vesting of outstanding restricted stock units and performance awards. As of February 22, 2026 and February 23, 2025, we excluded 5.3 million and 0.6 million, respectively, of shares of stock-based awards from the computation of diluted earnings per share because they would be antidilutive.