During the thirteen and twenty-six weeks ended June 28, 2026 and June 29, 2025, the rights, including the liquidation and dividend rights, of the holders of Class A and Class B common stock were identical, except with respect to voting. As the liquidation and dividend rights were identical, the undistributed earnings were allocated on a proportionate basis and the resulting net earnings (loss) per share attributable to common stockholders were, therefore, the same for both Class A and Class B common stock on an individual or combined basis.


	Thirteen weeks ended				Twenty-six weeks ended
(dollar amounts in thousands)	June 28, 2026		June 29, 2025		June 28, 2026		June 29, 2025
Net income (loss)	$	(26,270)	$	(23,158)	$	99,539	$	(48,197)

Weighted-average common shares outstanding—basic	118,898,524		117,827,054		118,803,299		117,566,164
Dilutive stock awards	—		—		1,971,381		—
Weighted-average common shares outstanding—diluted	118,898,524		117,827,054		120,774,680		117,566,164

Earnings (loss) per share—basic	$	(0.22)	$	(0.20)	$	0.84	$	(0.41)
Earnings (loss) per share—diluted	$	(0.22)	$	(0.20)	$	0.82	$	(0.41)

The Company excluded the following potential common shares from the computation of diluted earnings (loss) per share because including them would have had an anti-dilutive effect:


	Thirteen weeks ended		Twenty-six weeks ended
	June 28, 2026	June 29, 2025	June 28, 2026	June 29, 2025
Options to purchase common stock	14,638,022	13,792,250	10,677,571	13,792,250

Time-based vesting restricted stock units	1,785,753	573,387	712,778	573,387
Performance stock units	4,900,000	4,500,000	4,500,000	4,500,000
Contingently issuable stock	—	250,000	—	250,000
Total common stock equivalents	21,323,775	19,115,637	15,890,349	19,115,637