v3.26.1
EARNINGS PER SHARE (Tables)
9 Months Ended
Jun. 26, 2026
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net Income Per Share
The following tables set forth the computation of basic and diluted earnings per share:
Three months endedNine months ended
(in thousands, except per share data)June 26, 2026June 27, 2025June 26, 2026June 27, 2025
Numerator:
Net income (loss)$745 $42,962 $(108,295)$39,243 
Less: Undistributed earnings allocated to participating securities— 625 — 100 
Net income (loss) available to common shareholders$745 $42,337 $(108,295)$39,143 
Denominator:
Basic weighted average common shares outstanding33,768 33,653 33,746 34,167 
Effect of dilutive securities: Non-participating employee stock options (1)
215 200 204 224 
Diluted weighted average common shares outstanding33,983 33,853 33,950 34,391 
Basic earnings (loss) per share$0.02 $1.26 $(3.23)$1.15 
Diluted earnings (loss) per share$0.02 $1.25 $(3.19)$1.14 
(1) Stock options to purchase shares of common stock that would have been anti-dilutive are not included in the calculation. There were no anti-dilutive options outstanding during the three and nine months ended June 26, 2026 and June 27, 2025.