Basic earnings (net loss) per share is calculated utilizing the weighted average number of common shares outstanding during the periods presented. Diluted earnings (net loss) per share is calculated utilizing the weighted average number of common shares outstanding during the periods presented adjusted for the effect of dilutive common stock equivalents.

The following table sets forth the computation of basic and diluted earnings (net loss) per share:


	Successor				Predecessor
			Period from		Period from
	Three Months Ended		June 25, 2025		March 30, 2025
	June 30, 2026		through June 30, 2025		through June 24, 2025
Numerator:
Net income	$	14,074	$	1,254	$	1,190,688
Denominator:
Weighted average shares of common stock outstanding		9,999		9,987		80,419
Effect of dilutive common stock equivalents		2		—		746
Weighted average diluted common shares outstanding		10,001		9,987		81,165
Earnings per share
Basic	$	1.41	$	0.13	$	14.81
Diluted	$	1.41	$	0.13	$	14.67


	Successor					Predecessor
				Period from		Period from
	Six Months Ended			June 25, 2025		December 29, 2024
	June 30, 2026			through June 30, 2025		through June 24, 2025
Numerator:
Net (loss) income	$	(37,926	)	$	1,254	$	1,118,103
Denominator:
Weighted average shares of common stock outstanding		9,998			9,987		80,271
Effect of dilutive common stock equivalents		—			—		727
Weighted average diluted common shares outstanding		9,998			9,987		80,998
(Net loss) earnings per share
Basic	$	(3.79	)	$	0.13	$	13.93
Diluted	$	(3.79	)	$	0.13	$	13.80

The number of anti-dilutive common stock equivalents excluded from the calculation of the weighted average number of common shares for diluted earnings (net loss) per share was 160 and 228 for the three and six months ended June 30, 2026 (Successor), respectively. The number of anti-dilutive common stock equivalents excluded from the calculation of the weighted average number of common shares for diluted earnings per share was 0, 6,561 and 7,003 for the period from June 25, 2025 through June 30, 2025 (Successor), the period from March 30, 2025 through June 24, 2025 (Predecessor) and the period from December 29, 2024 through June 24, 2025 (Predecessor), respectively.