Earnings (Loss) Per Share |
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| Earnings (Loss) Per Share | EARNINGS (LOSS) PER SHARE The Company's unvested stock awards that contain non-forfeitable rights to dividends or dividend equivalents, whether paid or unpaid, are considered participating securities and are included in the computation of earnings per share. The Company calculates basic and diluted earnings per common share using the two-class method. The accounting guidance requires disclosure of EPS for common stock and unvested share-based payment awards, separately disclosing distributed and undistributed earnings. Undistributed earnings represent earnings that were available for distribution but were not distributed. Common stock and unvested share-based payment awards earn dividends equally. All earnings were undistributed in all periods presented. The following table sets forth the computation of basic and diluted earnings (loss) per share from continuing operations:
(1)Includes Common and Class B Common shares, excluding unvested participating securities of 881 thousand as of March 28, 2026 and 879 thousand as of March 29, 2025. (2)Shares issuable under stock option plans where the exercise price is greater than the average market price of the Company's Common Stock during the relevant period and directors' stock performance units have been excluded to the extent they are anti-dilutive. There were 315 thousand and 469 thousand aggregate shares excluded for the three months ended March 28, 2026 and March 29, 2025, respectively.
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