v3.26.1
Earnings (Loss) Per Share
6 Months Ended
Jun. 27, 2026
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share EARNINGS (LOSS) PER SHARE
The Company's unvested stock awards that contain non-forfeitable rights to dividends or dividend equivalents, whether paid or unpaid, are considered participating securities and are included in the computation of earnings per share. The Company calculates basic and diluted earnings per common share using the two-class method. The accounting guidance requires disclosure of EPS for common stock and unvested share-based payment awards, separately disclosing distributed and undistributed earnings. Undistributed earnings represent earnings that were available for distribution but were not distributed. Common stock and unvested share-based payment awards earn dividends equally. All earnings were undistributed in all periods presented.
The following table sets forth the computation of basic and diluted earnings (loss) per share from continuing operations:
Three Months EndedSix Months Ended
June 27,
2026
June 28,
2025
June 27,
2026
June 28,
2025
Basic earnings (loss) per share:
Income (loss) from continuing operations$1,130 $1,254 $2,484 $(328)
Less: Allocation of earnings to participating securities(57)(59)(118)— 
Income (loss) from continuing operations available to common shareholders - basic$1,073 $1,195 $2,366 $(328)
Basic weighted-average shares outstanding (1)14,616 14,496 14,574 14,431 
Basic income (loss) per share - continuing operations$0.07 $0.08 $0.16 $(0.02)
Diluted earnings (loss) per share:
Income (loss) from continuing operations available to common shareholders - basic$1,073 $1,195 $2,366 $(328)
Add: Undistributed earnings reallocated to unvested shareholders —  — 
Income (loss) from continuing operations available to common shareholders - basic$1,073 $1,195 $2,366 $(328)
Basic weighted-average shares outstanding (1)14,616 14,496 14,574 14,431 
Effect of dilutive securities:
Stock options (2) —  — 
Directors' stock performance units (2)93 93 93 — 
Diluted weighted-average shares outstanding (1)(2)14,709 14,589 14,667 14,431 
Diluted earnings (loss) per share - continuing operations$0.07 $0.08 $0.16 $(0.02)

(1)Includes Common and Class B Common shares, excluding unvested participating securities of 779 thousand as of June 27, 2026 and 690 thousand as of June 28, 2025.
(2)Shares issuable under stock option plans where the exercise price is greater than the average market price of the Company's Common Stock during the relevant period and directors' stock performance units have been excluded to the extent they are anti-dilutive. There were 315 thousand and 469 thousand aggregate shares excluded for the three and six months ended June 27, 2026 and June 28, 2025, respectively.