v3.26.1
EARNINGS PER SHARE
3 Months Ended
Apr. 01, 2026
EARNINGS PER SHARE  
EARNINGS PER SHARE

9. EARNINGS PER SHARE

Basic earnings per share (“EPS”) is calculated using the weighted-average number of shares of common stock outstanding during the thirteen weeks ended April 1, 2026 and March 26, 2025. Diluted EPS is calculated using the weighted-average number of shares of common stock outstanding and potentially dilutive during the period, using the treasury stock method.

Below are basic and diluted EPS data for the periods indicated (in thousands except for share and per share data):

Thirteen Weeks Ended

April 1, 2026

  ​ ​ ​

March 26, 2025

Numerator:

  ​

 

  ​

Net income

$

8,157

$

5,481

Denominator:

 

  ​

 

  ​

Weighted-average shares outstanding—basic

 

29,407,496

 

29,085,836

Weighted-average shares outstanding—diluted

 

29,691,297

 

29,337,906

Net income per share—basic

$

0.28

$

0.19

Net income per share—diluted

$

0.27

$

0.19

Anti-dilutive securities not considered in diluted EPS calculation

 

1,084,767

 

806,534

Below is a reconciliation of basic and diluted share counts:

  ​ ​ ​

Thirteen Weeks Ended

April 1, 2026

March 26, 2025

Weighted-average shares outstanding—basic

 

29,407,496

 

29,085,836

Dilutive effect of stock options and restricted shares

 

283,801

 

252,070

Weighted-average shares outstanding—diluted

 

29,691,297

 

29,337,906