v3.26.1
Earnings Per Share
6 Months Ended
Jun. 27, 2026
Earnings Per Share [Abstract]  
Earnings Per Share
Basic earnings per share is computed based on the weighted-average number of shares of common stock outstanding during the period. Diluted earnings per share include the dilutive effect of stock options and restricted stock awards and units. The following is a reconciliation of the basic and diluted earnings per share ("EPS") computations for both the numerator and denominator (in thousands, except per share data):
Thirteen Weeks Ended
June 27, 2026
Twenty-six Weeks Ended
June 27, 2026
Earnings
(Numerator)
Shares
(Denominator)
Per Share
Amount
Earnings
(Numerator)
Shares
(Denominator)
Per Share
Amount
Net income$21,120 195,881 0.11 $16,388 196,254 $0.08 
Dilutive effect of stock options and awards— 1,010 — — 1,739 — 
Net income per diluted common share$21,120 196,891 0.11 $16,388 197,993 $0.08 
Thirteen Weeks Ended
June 28, 2025
Twenty-six Weeks Ended
June 28, 2025
Earnings
(Numerator)
Shares
(Denominator)
Per Share
Amount
Earnings
(Numerator)
Shares
(Denominator)
Per Share
Amount
Net income$15,832 197,593 0.08 $15,515 197,439 $0.08 
Dilutive effect of stock options and awards— 1,083 — — 1,818 — 
Net income per diluted common share$15,832 198,676 0.08 $15,515 199,257 $0.08 
Stock options and awards outstanding totaling 9,455 and 6,566 were excluded from the computation for the thirteen and twenty-six weeks ended June 27, 2026, respectively, and 11,439 and 7,277 for the thirteen and twenty-six weeks ended June 28, 2025, respectively, as they would have had an antidilutive effect under the treasury stock method.