v3.26.1
Earnings Per Share
 6 Months Ended
Jun. 25, 2026
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Net Income per Common Share
The Company calculates basic earnings per share by dividing net income by the weighted average number of common shares outstanding during the period. Diluted earnings per share is computed by dividing net income by the weighted average number of common shares outstanding adjusted for the dilutive effect of share-based awards using the treasury stock method.
The following table shows the computation of basic and diluted earnings per share for the periods presented:
Thirteen Weeks EndedTwenty-six Weeks Ended
in thousands, except per share dataJune 25, 2026June 26, 2025June 25, 2026June 26, 2025
Net income$95,870 $63,178 $135,579 $112,056 
Basic weighted average shares outstanding107,767 107,622 107,849 107,539 
Dilutive effect of share-based awards353 702 470 842 
Diluted weighted average shares outstanding108,120 108,324 108,319 108,381 
Basic earnings per share$0.89 $0.59 $1.26 $1.04 
Diluted earnings per share$0.89 $0.58 $1.25 $1.03 
The following potentially dilutive securities were excluded from the computation of diluted earnings per share as a result of their anti-dilutive effect:
Thirteen Weeks EndedTwenty-six Weeks Ended
in thousandsJune 25, 2026June 26, 2025June 25, 2026June 26, 2025
Stock options144 44 36 37 
Restricted stock units659 437 640 433