v3.26.1
Earnings Per Share (Tables)
6 Months Ended
Jun. 27, 2026
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Income Per Share

The following table sets forth the computation of basic and diluted net income per share. Stock options, stock appreciation rights, and restricted stock units are collectively referred to as “equity awards”.

 

 

 

13-Weeks Ended

 

 

26-Weeks Ended

 

 

 

June 27,
2026

 

 

June 28,
2025

 

 

June 27,
2026

 

 

June 28,
2025

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Numerator for basic and diluted net income per share – net income

 

$

541,920

 

 

$

400,822

 

 

$

946,999

 

 

$

733,591

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic net income per share – weighted-average common shares

 

 

192,836

 

 

 

192,523

 

 

 

192,755

 

 

 

192,534

 

 

 

 

 

 

 

 

 

 

 

 

 

Effect of dilutive equity awards

 

 

635

 

 

 

893

 

 

 

760

 

 

 

1,023

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for diluted net income per share – adjusted weighted-average common shares

 

 

193,471

 

 

 

193,416

 

 

 

193,515

 

 

 

193,557

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net income per share

 

$

2.81

 

 

$

2.08

 

 

$

4.91

 

 

$

3.81

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted net income per share

 

$

2.80

 

 

$

2.07

 

 

$

4.89

 

 

$

3.79

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares excluded from diluted net income per share calculation:

 

 

 

 

 

 

 

 

 

 

 

 

Anti-dilutive equity awards

 

 

3

 

 

 

 

 

 

3