v3.26.1
Earnings Per Share (Tables)
9 Months Ended
Jun. 27, 2026
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table presents the earnings per share computation for the periods presented:
Three Months EndedNine Months Ended
(in thousands except for share data)June 27, 2026June 28, 2025June 27, 2026June 28, 2025
Numerator:
Net income
$185,255 $36,455 $245,312 $91,223 
Denominator:
Weighted-average shares outstanding (1)34,237,303 31,556,312 32,547,949 31,899,623 
Weighted-average dilutive securities, restricted stock180,285 471,039 226,835 535,117 
Weighted-average dilutive securities, stock options105,724 214,028 122,009 231,895 
Weighted-average dilutive securities, warrants
627,604 340,441 567,254 357,108 
Weighted-average shares and dilutive potential common shares (1) (2)35,150,916 32,581,820 33,464,047 33,023,743 
Earnings per share:
Basic earnings per share
$5.41 $1.16 $7.54 $2.86 
Diluted earnings per share
$5.27 $1.12 $7.33 $2.76 
(1)    The 2,702,180 shares of exchangeable common stock that were issued by a Canadian Company subsidiary in connection with the Micro Bird acquisition on April 1, 2026 (see Note 13, Micro Bird Acquisition, for further discussion) are exchangeable on a one-to-one basis with, and participate in Company dividends and undistributed earnings in an equal manner as, Company common stock. Accordingly, these equity securities are included in the weighted average shares denominators in both the basic and diluted earnings per share calculations, weighted for the portion of the applicable period during which they were outstanding.
(2)    There were no potentially dilutive securities excluded from the computation of diluted earnings per share for each of the three and nine months ended June 27, 2026 and June 28, 2025 because their effect was antidilutive.