v3.26.1
EARNINGS (LOSS) PER SHARE (Tables)
6 Months Ended
Jun. 28, 2026
Earnings Per Share [Abstract]  
Schedule of Computation of Net Loss Per Common Share
The following table sets forth the computation of earnings (loss) per common share:
Thirteen weeks endedTwenty-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)
Schedule of Anti-dilutive Shares Excluded
Thirteen weeks endedTwenty-six weeks ended
June 28,
2026
June 29,
2025
June 28,
2026
June 29,
2025
Options to purchase common stock14,638,022 13,792,250 10,677,571 13,792,250 
Time-based vesting restricted stock units1,785,753 573,387 712,778 573,387 
Performance stock units4,900,000 4,500,000 4,500,000 4,500,000 
Contingently issuable stock— 250,000 — 250,000 
Total common stock equivalents21,323,775 19,115,637 15,890,349 19,115,637