The following is a reconciliation of net income and weighted average shares for calculating basic and diluted earnings per common share for the sixteen weeks ended April 25, 2026 and April 19, 2025 (amounts and shares in thousands, except per share data):
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For the Sixteen Weeks Ended |
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April 25, 2026 |
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April 19, 2025 |
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Net income |
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$ |
42,055 |
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$ |
52,998 |
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Basic Earnings Per Common Share: |
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Basic weighted average shares outstanding for common stock |
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211,870 |
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211,194 |
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Basic earnings per common share |
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$ |
0.20 |
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$ |
0.25 |
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Diluted Earnings Per Common Share: |
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Basic weighted average shares outstanding for common stock |
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211,870 |
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211,194 |
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Add: Shares of common stock assumed issued upon
vesting of restricted stock |
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707 |
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944 |
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Diluted weighted average shares outstanding for common stock |
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212,577 |
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212,138 |
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Diluted earnings per common share |
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$ |
0.20 |
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$ |
0.25 |
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