| Net Income (Loss) Per Common Share |
Net Income (Loss) Per Common Share The following table sets forth the computations of basic and diluted net income (loss) per common share: | | | | | | | | | | | | | | | | | | | | | | | | | THIRTEEN WEEKS ENDED | | TWENTY-SIX WEEKS ENDED | | (in thousands, except share and per share data) | JUNE 28, 2026 | | JUNE 29, 2025 | | JUNE 28, 2026 | | JUNE 29, 2025 | | Numerator: | | | | | | | | | Net income (loss) | $ | 2,339 | | | $ | 2,106 | | | $ | (346) | | | $ | 1,277 | | | Denominator: | | | | | | | | | Weighted average common shares outstanding - basic | 61,669,719 | | | 61,005,648 | | | 61,456,606 | | | 60,886,525 | | | Weighted average common shares outstanding - diluted | 62,296,801 | | | 62,579,658 | | | 61,456,606 | | | 62,732,072 | | | Net income (loss) per common share - basic | $ | 0.04 | | | $ | 0.03 | | | $ | (0.01) | | | $ | 0.02 | | | Net income (loss) per common share - diluted | $ | 0.04 | | | $ | 0.03 | | | $ | (0.01) | | | $ | 0.02 | | | Stock options outstanding not included in diluted net income (loss) per common share as their effect is anti-dilutive | 1,411,654 | | | 12,552 | | | 221,794 | | | 12,552 | | | Restricted stock units outstanding not included in diluted net income (loss) per share as their effect is anti-dilutive | 1,414,019 | | | 543,436 | | | 914,337 | | | — | |
Diluted net income (loss) per common share is calculated by adjusting the weighted average shares outstanding for the theoretical effect of potential common shares that would be issued for stock awards outstanding and unvested as of the respective periods using the treasury method. In addition, for the twenty-six weeks ended June 28, 2026 all stock option awards outstanding were excluded from the calculation of diluted net loss per common share because of their anti-dilutive impact.
|